NEW YORK (Dow Jones)--The dollar fell sharply against the euro and yen Thursday after worse-than-expected economic data fueled concern the U.S. recovery was slowing, leading investors to sell the greenback.
TOKYO (MarketWatch) -- The dollar recovered some ground in Asia Friday after dropping to a seven-month low against the yen on Thursday as Japanese importers bought dollars to settle their trade accounts.
WORLD FOREX: Dollar Declines Vs Yen On US Growth Concerns - Wall Street Journal
Wall Street Journal
By Bradley Davis Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--The dollar fell against the yen Wednesday after disappointing economic data combined with a lackluster Federal Reserve report on the economy to stoke concerns that the U.S. recovery was losing steam.
FOREX-Dollar slips vs yen, rises vs euro on durables data - Reuters
By Nick Olivari
NEW YORK, July 28 (Reuters) - The U.S. dollar rallied against the euro but slid against the yen on Wednesday as weaker-than-expected U.S. durable goods orders added to fears about economic recovery in the world's largest economy.
LONDON, July 28 (Reuters) - The euro struck a two-month high against the yen and stayed within reach of an 11-week high against the dollar on Wednesday, underpinned by robust European bank earnings and solid economic data.
Latest signal of slowing economic recovery keeps a lid on market Wednesday morning.
A lackluster reading on durable goods orders called the pace of the economic recovery into question yet again Wednesday, and a smattering of decent earnings reports weren't nearly enough to rouse stocks at the opening bell.
TOKYO, July 29 (Reuters) - The euro dipped against the yen on Thursday, pulling away from a recent two-month high on selling by Japanese exporters, while the kiwi struggled after New Zealand's central bank raised interest rates but warned further hikes could be more gradual.
NEW YORK (Dow Jones)-- The euro rose above $1.31, hitting its highest point in nearly 12 weeks Thursday as improving euro-zone economic data helped the common currency extend a strong rally that's seen it rise more than 10% since early June.