The euro slumped on Thursday after a fall in manufacturing in the euro zone's two largest economies and China revived global growth fears and sent the Australian dollar tumbling. The reports diverged with US data showing unemployment benefits dropped to a fresh four-year low in the latest week.
Against the dollar, the euro last traded at $1.3194, down 0.1 percent, bouncing from an overnight low of $1.3133. Against the yen, the euro was last down 1.1 percent at 108.98, not far from a one-week low of 108.79 reached after the PMI surveys and a far cry from the euro's near five-month high of 111.43 yen truck on Wednesday.
The Aussie slid versus the US dollar to hit a two-month low of $1.0333, below the 200-day simple moving average of $1.0399 and the 200-day exponential moving average at $1.0375. The dollar was last down 1.1 percent against the Japanese currency at 82.48 yen, pulling away from a recent 11-month high of 84.187.
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