Federal Reserve

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Monsoon Floods

Monsoon Floods

Death toll in Uttarakhand monsoon floods crosses 150  Full Article 

Auto Market

Auto Market

Tata Motors upgrades cars as rivals launch new ones.  Full Article 

EU Fines Ranbaxy

EU Fines Ranbaxy

EU fines Ranbaxy, others for blocking cheaper drugs.  Full Article 

Business Optimism

Business Optimism

Asian businesses optimistic; sentiment in India falls.  Full Article 

Financing Trouble

Financing Trouble

U.S. court lets stand Ex-Im Bank loan for Air India.  Full Article 

Euro Economy

Euro Economy

Half-way to lost decade, Europe's growth task as tough as ever.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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

Dollar extends losses versus yen after U.S. data

NEW YORK | Mon Dec 3, 2012 8:44pm IST

NEW YORK Dec 3 (Reuters) - The dollar extended losses versus the yen and slightly added to losses versus the euro on Monday after U.S. data showed the manufacturing sector may be struggling to gain traction.

The dollar last traded down 0.1 percent at 82.28 yen. It had been trading at 82.34 prior to the release of the data.

The euro last traded up 0.5 percent at $1.3048. It had been trading at $1.3046 prior to the release of the data.

Manufacturing unexpectedly contracted in November to its lowest in over three years.

Separate data showed U.S. construction spending rose in October by the most in five months, with stronger spending on homes outpacing tepid gains in business and government projects.

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