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

Election 2014

REUTERS SHOWCASE

TCS Results

TCS Results

TCS net profit rises 51.5 percent, sees stronger sales growth.  Full Article | Quote 

Election 2014

Election 2014

Promises and more promises: India’s parties pitch their visions.  Full Article | Full Coverage 

India Markets

India Markets

Sensex slumps 207 points, at 2-1/2 week closing low.  Full Article 

Telecom Sector

Telecom Sector

RComm to raise mobile call tariff by up to 20 percent  Full Article 

Chinese Economy

Chinese Economy

China economic growth slows to 18-month low in first quarter  Full Article 

New Direction

New Direction

CEO Nadella pushes data culture at Microsoft.  Full Article 

Bitcoin ATM

Bitcoin ATM

China gets first bitcoin ATM, skirting bank crackdown.  Full Article 

Strong Sales Volume

Strong Sales Volume

Small is beautiful for Coca-Cola as volumes soar in China  Full Article 

Breakingviews

Breakingviews

Diageo throws money at Indian empire-building  Full Article 

Reuters India Mobile

Reuters India Mobile

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