NEW YORK, July 31 - The euro fell by more than 1 percent against the dollar on Thursday as a strong run of U.S. data reinforced expectations the economy is recovering and encouraged traders to buy dollars. As Wall Street benchmarks soared in mid-morning trading, the single currency fell as low as $1.1229, its lowest in more than a week. It also extended losses against the Japanese yen to change hands around 135.62 yen. The government reported that U.S. gross domestic product grew at a 2.4 percent annualized rate, handily beating market expectations. Weekly jobless claims fell by more than expected, to 388,000 from an upwardly revised 391,000 in the prior week.