Reuters: US Dollar Report: Dollar rises 1 percent vs yen, hits session high

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Dollar rises 1 percent vs yen, hits session high Jun 18th 2013, 12:26 NEW YORK, June 18 | Tue Jun 18, 2013 8:26am EDT NEW YORK, June 18 (Reuters) - The dollar extended its gains versus the yen to hit a session high in early New York trade on Tuesday on hopes Federal Reserve Chairman Ben Bernanke will soothe market fears of a scale back in central bank stimulus. The dollar rose as high as 95.47 yen, according to Reuters data, and was last at 95.45 yen, up 1 percent on the day. The Fed concludes its two-day meeting on Wednesday, which will be followed by a press conference by Bernanke.

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