Dollar pares losses slightly vs yen after U.S. housing data

NEW YORK Mon Nov 19, 2012 8:56pm IST

NEW YORK Nov 19 (Reuters) - The dollar slightly pared losses versus the Japanese yen and briefly pared losses versus the euro on Monday after U.S. housing data showed strength in the sector.

The dollar last traded at 81.24 yen, flat on the day. It traded around 81.18 before the release of the data.

The euro last traded at $1.2794, up 0.4 percent on the day. It fell as low as $1.2776 after the release of the data versus around $1.2786 before it, according to Reuters data.

U.S home-builder sentiment rose for a seventh consecutive month in November to hit its highest in over six years.

U.S. home resales unexpectedly rose in October, a sign that slow improvements in the country's labor market are helping the housing sector recovery gain traction.

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

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Microsoft Earnings

Microsoft Earnings

Microsoft sales beat Street hopes, cloud profits up.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

U.S. Economy

U.S. Economy

Spectre of no-inflation world looms over Fed's return to normal  Full Article 

Insider Trading

Insider Trading

Rengan Rajaratnam, SEC to settle civil insider trading charge.  Full Article 

Market Watch

Market Watch

Betting on the beaten up? Investors pin hopes on stocks in Europe, Japan.  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

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