Dollar rises to session high vs yen after U.S. housing data
NEW YORK, April 29
NEW YORK, April 29 (Reuters) - The dollar erased losses against the yen to trade slightly higher on Monday after data showed contracts to purchase previously owned U.S. homes rose in March.
The dollar hit a session high of 98.10 yen after the data, according to Reuters data, and was last at 98.08 yen, up 0.1 percent on the day.
Before the release of the data, the dollar was trading around 97.85 yen.
- Target holiday cyber breach hits 40 million payment cards
- Home sales tumble, jobless claims at near nine-month high
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- Zuckerberg to sell Facebook shares worth about $2.3 billion
- Special Report: Why Ukraine spurned the EU and embraced Russia