Dollar falls vs euro and yen after U.S. GDP data
 * S&P downgrades Spanish debt, Spanish yields above 6 pct
 * Italy bond auction goes smoothly, tempers worry
 * Yen firmer as Bank of Japan easing measures underwhelm

 (Rewrites with reaction to US data, updates prices, adds
details, adds quotes)

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FOREX-Dollar down vs euro, yen after US. GDP data

Dollar falls vs euro and yen after U.S. GDP data * S&P downgrades Spanish debt, Spanish yields above 6 pct * Italy bond auction goes smoothly, tempers worry * Yen firmer as Bank of Japan easing measures underwhelm (Rewrites with reaction to US data, updates prices, adds details, adds quotes)

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