Markets

US dollar hits session lows after Empire State data

NEW YORK : The dollar fell to session lows against the yen and euro on Monday after a gauge of manufacturing in New Yor

Published August 15, 2011 Updated August 15, 2011 02:40pm

1 min

By Imad Uddin

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The dollar fell as low as 76.64 yen on trading platform EBS before recovering to 76.66 yen, flat on the day. Before the release of the data, the dollar was trading around 76.70 yen.

The euro initially pared gains versus the dollar after the data, before resuming its rally to hit a session high of $1.4349 on EBS. It was last at $1.4343, up 0.7 percent on the day.

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