The euro traded near a four-year low against the dollar on concern the region's debt crisis will lead to slower economic growth.
The common currency dropped against 13 of its 16 major counterparts before a release forecast to show French consumer confidence dropped in May. A report China may consider reducing its investment in European government bonds spurred concern the region's credit crunch will worsen. The yen was close to the highest level since 2001 against the euro as U.S. stocks erased gains, boosting demand for Japan's currency as a haven.
