Markets

Dollar extends losses versus yen after US data

Published December 3, 2012 Updated December 3, 2012 03:30pm

 

The dollar last traded down 0.1 percent at 82.28 yen. It had been trading at 82.34 prior to the release of the data.

 

The euro last traded up 0.5 percent at $1.3048. It had been trading at $1.3046 prior to the release of the data.

 

Manufacturing unexpectedly contracted in November to its lowest in over three years.

 

Separate data showed US construction spending rose in October by the most in five months, with stronger spending on homes outpacing tepid gains in business and government projects.

 

Copyright Reuters, 2012