Euro dives on debt worries; krone, Aussie hit

London

THE euro fell along with dramatic losses for higher-yielding currencies such as the Norwegian krone and Australian dollar on Thursday as a sell-off of Spanish and Italian debt added to a growing sense of panic in financial markets.

Another day of turmoil on European stocks was spurred by a spread of concerns from Greece to other debt-laden southern European nations, with Spain struggling to place all of a planned sale of bonds. US stock futures also indicated a weak opening for Wall Street.