Showing posts with label Euro on Forex. Show all posts
Showing posts with label Euro on Forex. Show all posts

Monday, January 4, 2010

Dollar at session lows vs yen on weaker US stocks

EW YORK, Oct 1 (Reuters) - The dollar reversed gains against the yen on Thursday as U.S. equities opened weaker.

The S&P 500 .SPX was down 0.8 percent at 1,048.29, dragging the dollar down to 89.53 yen JPY=, a session low, according to Reuters data.

Traders also said on the technical charts, dollar/yen has a clear downtrend line below 90.10/15. (Reporting by Gertrude Chavez-Dreyfuss; Editing by James Dalgleish)