Friday, August 31, 2012

Reuters: US Dollar Report: Dollar falls to session lows versus euro, yen

Reuters: US Dollar Report
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Dollar falls to session lows versus euro, yen
Aug 31st 2012, 14:25

NEW YORK | Fri Aug 31, 2012 10:25am EDT

NEW YORK Aug 31 (Reuters) - The dollar extended declines against the euro and yen on Friday after briefly paring losses on comments from Federal Reserve Chairman Ben Bernanke, who said the U.S. central bank would act as needed to promote a stronger economic recovery.

The euro climbed as high as $1.2636 on Reuters data, the strongest since July 2. It was last up 1 percent at $1.2628.

The dollar slid to 78.18 yen and was last at 78.22 yen, down 0.5 percent on the day.

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