Thursday, April 11, 2013

Reuters: US Dollar Report: Dollar extends losses versus yen, hits session low

Reuters: US Dollar Report
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Dollar extends losses versus yen, hits session low
Apr 11th 2013, 12:52

NEW YORK, April 11 | Thu Apr 11, 2013 8:52am EDT

NEW YORK, April 11 (Reuters) - The dollar slid further against the yen to hit a session low in early New York trade on Thursday.

The dollar fell to 99.15 yen on Reuters data and was last down 0.5 percent at 99.24 yen.

Despite the latest retreat, traders said the dollar still looked poised to take out the 100 yen mark following the Bank of Japan's aggressive monetary easing steps announced last week.

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