Euro, equities fall as Spanish region seeks debt help

The euro fell broadly on Friday and European equities extended losses after Spain's Valencia region said it will seek central government help to repay debt.

The euro hit a session low against the dollar of $1.21903, from around $1.2233 beforehand.

The single currency also hit record lows against the higher-yielding Australian dollar at A$1.1727 and the Canadian dollar at C$1.2310.

The FTSEurofirst 300 extended lossts to 0.7 percent, hitting a session low of 1,056.61 points. Spain's IBEX index hit its lowest in over five weeks at 6,441 points, down 2.8 percent on the day.

reuters