Dollar rallies 1 percent versus yen, hits session peak
NEW YORK Feb 1 (Reuters) - The dollar extended its rally against the yen to 1 percent in late morning trade on Friday as Treasury yields rebounded from lows on upbeat U.S. economic data.
The dollar rose as high as 92.64 yen on Reuters data, still a 2-1/2 year high. It was last at 92.55 yen, up 0.9 percent on the day.
Gains in dollar/yen accelerated after U.S. data showed the pace of growth in the manufacturing sector picked up in January to its highest level in nine months, while consumer sentiment unexpectedly improved in January.
- Tweet this
- Share this
- Digg this
- Miss America defends student suspended for asking her to prom
- UPDATE 3-Soccer-English premier league results and standings
- Calls to U.S. poison centers involving e-cigarettes jump - CDC
- India passes halfway mark in election with BJP gaining strength
- Pope presides at Vatican Mass leading Catholics into Easter
Nitin Gadkari, former president of the Bharatiya Janata Party and a member of the BJP’s manifesto committee, speaks to Reuters. Here are the edited excerpts. Full Article
Turning smog into jewels - a Dutch designer's solution to Beijing's pollution. Video