Asian stocks inch lower, euro extends drop

SINGAPORE (Reuters) - Asian stocks fell on Thursday, taking cues from weak U.S. and European shares, as players cut positions heading into the year end with an Italian debt auction later in the day keeping markets nervous. The euro extended losses against the dollar to near a one-year low, and a 10-year low against the yen, while the sell-off in stocks and the firm U.S. currency helped crude oil snap a six-session rally and kept gold prices near a three-month low. The Nikkei fell as much as 1.1 percent, before recovering to be off 0.7 percent. The MSCI ex-Japan Asia Pacific index shed 0. ...