By Jessica Mortimer LONDON, Nov 10 (Reuters) - The euro lost ground against the dollar on Wednesday, dragged lower by losses versus sterling, which rose after a Bank of England inflation report made further monetary easing in the UK look less likely. The dollar was broadly firmer, rallying to a one-month high versus the yen, supported by higher U.S. bond yields. "The dollar has some support from higher bond yields and that is most clearly obvious in dollar/yen," said Jane Foley, currency strategist at Rabobank. "In euro/dollar we are seeing what is coming out in the wash from moves elsewhere, with clear moves in sterling and dollar/yen, while the peripheral euro zone story is still a negative for the euro." Traders said an auction of Portuguese government bonds, at which borrowing costs rose compared with a previous auction, weighed on the euro. [ID:nLIS002504] The dollar sailed higher versus the yen -- which is particularly sensitive to movements in the difference between U.S. and Japanese bond yields -- after stop-loss orders were triggered, pushing the U.S. currency above 82.00 yen. The euro EUR= was down 0.2 percent at $1.3754, edging closer to the day's low around $1.3732 hit in earlier trade. Support was seen at that level, last touched in late October. Foley said the euro was likely to stay in a range versus the dollar, which would stay vulnerable to selling pressure after the U.S. Federal Reserve's decision last week to restart quantitative easing. The euro's losses and gains in dollar/yen helped prod the dollar higher versus a currency basket .DXY. It climbed 0.7 percent to around 82.37 yen JPY=.

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