Do More With Reuters
Partner Services

FOREX-US dollar surrenders gains versus yen

Mon Nov 10, 2008 10:35pm IST
 
Email | Print | | Single Page
[-] Text [+]

NEW YORK, Nov 10 (Reuters) - The U.S. dollar surrendered early gains to trade lower versus the yen on Monday as stocks on Wall Street fell.

The dollar last traded down 0.3 percent at 97.95 yen JPY=, after earlier rising to a session high of 99.47 yen.

U.S. stocks turned lower in midday trading as investors fretted about General Motors GM.N and doubts surfaced whether China's stimulus plan would avert a deep global economic slump.

  Smoke and fire billows out of the Taj Hotel in Mumbai November 27, 2008.   REUTERS/Jayanta Shaw
One Year Later

A look back at the events of 26/11 ahead of the first anniversary of the militant attacks in Mumbai that killed 166 people.  Slideshow | Full Coverage 

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article