Wednesday, May 30, 2012

Reuters: US Dollar Report: Dollar falls to 3-1/2-month low versus yen

Reuters: US Dollar Report
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Dollar falls to 3-1/2-month low versus yen
May 30th 2012, 13:45

NEW YORK | Wed May 30, 2012 9:45am EDT

NEW YORK May 30 (Reuters) - The dollar extended losses against the yen on Wednesday to hit its lowest since mid-February as investors piled money into the safe-haven Japanese currency.

The dollar fell as low as 78.882 yen on trading platform EBS and last traded down 0.7 percent at 78.90.

The euro slid 1.4 percent to 97.99 yen after falling as low as 97.90 on Reuters data, the lowest since mid-January.

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