Wednesday, August 1, 2012

Reuters: US Dollar Report: Dollar extends gains vs yen, hits global session high

Reuters: US Dollar Report
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Dollar extends gains vs yen, hits global session high
Aug 1st 2012, 19:15

NEW YORK | Wed Aug 1, 2012 3:15pm EDT

NEW YORK Aug 1 (Reuters) - The U.S. dollar extended gains against the Japanese yen on Wednesday to hit a global session high after the Federal Reserve stopped short of offering new monetary stimulus for the slowing economy.

Against the yen, the dollar hit a high of 78.49 and last traded up 0.5 percent 78.48, according to Reuters data.

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