Markets

Dollar extends gains vs euro, yen after US consumer data

Published May 31, 2013 Updated May 31, 2013 03:41pm

1 min

By Abdul Ahad

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NEW YORK: The dollar extended its gains versus the euro and yen on Friday after data showed US consumer sentiment rose to its highest in nearly six years in May.

The euro fell to a session low of $1.2961 after the data, and was last at $1.2964, down 0.6 percent on the day. Before the release, the euro was trading at $1.2982.

The dollar rose 0.4 percent on the day to 101.04 yen, compared with 100.88 earlier.

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