Dollar briefly pares gains vs yen after US data

NEW YORK Thu Nov 15, 2012 7:17pm IST

NEW YORK Nov 15 (Reuters) - The dollar briefly pared gains versus the Japanese yen and temporarily pared losses versus the euro on Thursday after the release of an array of U.S. economic data.

The dollar last traded at 81.34 yen, up 1.4 percent on the day versus 81.32 before the data. It fell as low as 81.26 immediately after the release of data.

The euro last traded at $1.2762, up 0.2 percent on the day and about where it traded before the data. It fell as low as $1.2751 immediately after release of the data, according to Reuters data.

The number of Americans filing new claims for jobless benefits surged last week to a 1 1/2-year high.

Separate data showed U.S. consumer prices rose in October as the cost of shelter surged by the most in over four years.

Furthermore, a gauge of manufacturing in New York state showed that activity slowed in November for a fourth straight month.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Canada Shooting

Canada Shooting

Attack on parliament, killing of soldier stun Canada's capital.  Full Article 

Earnings Season

Earnings Season

Wipro sees rosier end to year as U.S. clients spend.  Full Article 

Business Climate

Business Climate

Fears for tough penalties grow as India cleans up business  Full Article 

New Email Service

New Email Service

Google launches new email service dubbed "Inbox".  Full Article 

DLF Appeals

DLF Appeals

DLF seeks interim relief from capital market ban  Full Article 

Falling Oil Prices

Falling Oil Prices

Indian consumers respond to softer oil, food prices  Full Article 

Book Keeping

Book Keeping

RBI fires warning shots on companies' lack of FX hedging.  Full Article 

Policy Repo Rate

Policy Repo Rate

Most external members suggested rate cut in RBI's Sept review.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage