Reuters: US Dollar Report: Dollar hits session highs vs yen, up more than 1 percent

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 hits session highs vs yen, up more than 1 percent Aug 1st 2013, 13:20 NEW YORK | Thu Aug 1, 2013 9:20am EDT NEW YORK Aug 1 (Reuters) - The dollar extended gains, hitting session highs against the yen on Thursday, boosted by across-the-board buying of the greenback on comments from the European Central Bank president that interest rates in the euro zone would remain low for some time. Traders sold euros and bought dollars after ECB President Mario Draghi's remarks. Dollar-buying has more or less spread to the broader market. The dollar rose to the day's peak of 98.97 yen and was last at 98.85, up 1 percent. The greenback was on track for its strongest daily performance versus the yen in nearly a month.

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