Euro Falls Below 100 Yen, 1st Time Since 2001; Aussie, Kiwi Rise

The euro dropped below 100 yen for the first time since June 2001 in a sixth straight day of decline on concern Europe’s debt crisis will weigh on the region’s economic growth.

The 17-nation currency had its first back-to-back annual decreases versus the dollar in a decade. The Australian and New Zealand dollars rose as stocks rallied before reports next week forecast to show the U.S. economy is recovering, increasing demand for higher-yielding assets. China’s yuan climbed to a 17-year high on signs the central bank favors the currency’s appreciation to prevent capital outflows.