EUR more lower : EUR held a four-day decline versus USD after bond yields jumped in Spain and Italy

What a bad single currencies, EUR was 0.7 percent from an 11- year low against the yen amid signs, very bad signal, and now Europe’s prolonged debt crisis is damping economic growth. Japan’s currency climbed even as the government said its ready to counter excessive moves. This EUR of 17-nation currency held a four-day decline versus the dollar after bond yields jumped in Spain and Italy and billionaire hedge-fund manager John Paulson was said to have told clients he sees a 50 percent chance the euro will unravel.

Meanwhile, Moody’s Investors Service cut its rating outlook for Germany and the Netherlands to negative yesterday, made some bad impact, citing increasing chances they’ll have to support indebted European nations. but AUD gained after a Chinese manufacturing gauge rose.

There are few reasons to buy the euro,” said Junichi Ishikawa, an analyst in Tokyo at IG Markets Securities Ltd. “Investors are worried that the debt crisis is spreading to Spain and Italy.” and Fed Chairman Ben S. Bernanke said last week that policy makers are “looking for ways to address the weakness in the economy should more action be needed to promote a sustained recovery in the labor market.” The Fed will hold a two-day policy meeting starting July 31