Currencies: Euro extends losses as industrial orders slip

Euro slips as economic gloom deepens Dollar boosted as equities rally By William L. Watts & Lisa Twaronite, MarketWatch LONDON (MarketWatch) -- Europe's single currency remained under pressure against the U.S. dollar Wednesday, extending losses after a larger-than-expected slip in industrial orders underlined economic worries. The dollar rose against the Japanese yen to 107.85 yen from around 107.27. The dollar also gained more than half a franc against the Swiss currency to 1.0351 francs. The British pound was changing hands at $1.9987, up from around $1.9911 late Tuesday. The euro slipped versus sterling, and traded at 78.70 pence from around 78.23 pence on Tuesday. The dollar index , which measures the greenback against a trade-weighted currency basket, was up 0.3% to 72.651. Industrial orders across the 15-nation euro... [read full story]