Euro extends gains to day's highs vs dlr, yen
Euro extends gains to day's highs around $0.9035 and 109.40 yen , up almost one pct against both dlr and yen, boosted by weak U.S. stock futures.
- Dealers say growing market perception that Tuesday's half point cut in U.S. rates was overdone, weighing on stock futures and dollar.
- They add strong demand for euro/yen seen by European names, while automatic orders to buy euro/dollar seen in the $0.9040 area.