The dollar extended losses against the euro and yen on Wednesday after a U.S. report showed private sector job losses in December were much higher than expected. The euro rose to $1.3623 against the dollar after the report from $1.1.3598 before the number. It was up 0.8 percent on the day. Against the yen , the dollar fell to 92.68 yen from 93.20 previously, and down 1.1 percent from late on Tuesday. The ADP report on Wednesday showed the U.S. economy lost 693,000 jobs last month. Markets were expecting job losses in the private sector of 473,000. "The initial shock is a big one, and the market was leaning toward selling dollars to begin with today," said Steven Butler, director FX trading at Scotia Capital in Toronto. He said in the past the dat has been unreliable, but "it's still a pretty ugly number and should keep the dollar under pressure for the rest of the session."

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