Dollar climbs vs euro and yen on U.S. new home sales

NEW YORK, June 25 Tue Jun 25, 2013 10:07am EDT

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NEW YORK, June 25 (Reuters) - The U.S. dollar extended gains against the yen and euro on Tuesday after data showed sales of new U.S. single-family homes rose to their highest in nearly five years in May, confirming the housing market's strengthening tone.

The dollar rose against the yen to 97.83 yen from about 97.61 yen before the data, up 0.1 percent on the day.

The euro fell to a session low of $1.3069 from the $1.3102 it traded at before the data, down 0.4 percent.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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