Tuesday, September 11, 2012

Reuters: US Dollar Report: US dollar falls to lowest in more than three months vs yen

Reuters: US Dollar Report
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US dollar falls to lowest in more than three months vs yen
Sep 11th 2012, 12:58

NEW YORK, Sept 11 | Tue Sep 11, 2012 8:58am EDT

NEW YORK, Sept 11 (Reuters) - The U.S. dollar dropped to its lowest in more than three months against the yen on Tuesday, undermined by expectations the Federal Reserve will further ease monetary policy after a string of soft U.S. economic data.

The dollar fell as low as 77.86 yen, its weakest level since June 1. it was last at 77.96 yen, down 0.5 percent on the day.

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