Wednesday, May 30, 2012

Reuters: US Dollar Report: Dollar extends losses vs yen after US housing data

Reuters: US Dollar Report
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Dollar extends losses vs yen after US housing data
May 30th 2012, 14:10

NEW YORK | Wed May 30, 2012 10:10am EDT

NEW YORK May 30 (Reuters) - The dollar extended declines against the yen on Wednesday in the wake of data showing U.S. pending home sales unexpectedly fell in April to a four-month low.

The dollar fell to a session low of 78.85 yen after the data, a three-and-a-half month low. It was last at 78.88 yen, down 0.7 percent on the day.

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