The euro traded around $1.2025 after touching a 10-month low of $1.2017, according to data from electronic trading platform EBS. That was just above the $1.2000 level that was being warily eyed by traders. Revived speculation that China will soon loosen the yuan's tight peg to the dollar hammered the euro to a one-year low against the yen on Thursday. Traders often snap up the yen as a proxy for any revaluation that would let the yuan appreciate. The single currency straddled the 131 yen line just above a one-year low of 130.62 hit on Thursday, according to EBS.