Markets

Dollar gains on upbeat US services, housing data

NEW YORK: The dollar rose further against the euro and yen on Tuesday as stronger-than-forecast data on new home sal
Published March 5, 2019 Updated March 5, 2019 03:46pm

NEW YORK: The dollar rose further against the euro and yen on Tuesday as stronger-than-forecast data on new home sales in December and services industries in February reduced some worries about a deceleration in U.S. economic growth.

At 10:18 a.m. (1518 GMT), the euro was down 0.32 percent at $1.1304, while the greenback was 0.17 percent higher at 111.94 yen.

Copyright Reuters, 2019