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Markets

Dollar pares gains vs euro after ISM services data

NEW YORK : The dollar pared gains against the euro and briefly extended gains against the yen on Tuesday after a report
Published September 6, 2011

 NEW YORK: The dollar pared gains against the euro and briefly extended gains against the yen on Tuesday after a report showed the US services sector expanded more than expected in August.

The euro was last down 0.1 percent at $1.4080, compared with $1.4066 before the report.

The dollar rose to 77.47 yen after the release of the data but then slipped back to 77.399 yen on EBS compared with 77.378 yen before the report.

 

Copyright Reuters, 2011

 

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