Dollar hits session highs vs euro after weak U.S. data
NEW YORK Nov 30 (Reuters) - The dollar hit session highs against the euro on Friday after data showed U.S. personal income and consumer spending came in below expectations last month, denting the market's risk appetite as investors sought the greenback for its safety appeal.
The euro fell to the day's lows versus the dollar at $1.2967 . It was last $1.2972, down slightly from late on Thursday.
U.S. consumer spending fell in October for the first time in five months, with personal income showing no growth.
- Insight: How U.S. spying cost Boeing multibillion-dollar jet contract
- Exclusive: Secret contract tied NSA and security industry pioneer |
- With Fed out of the way, what's next on Wall Street?
- Yemeni al Qaeda says attack on hospital was mistake
- Insight: For Chinese farmers, a rare welcome in Russia's Far East