• Most Popular
  • Most Shared

Dollar falls to one-month low against the yen

Mon Jul 6, 2009 9:37am EDT

NEW YORK, July 6 (Reuters) - The U.S. dollar fell to a one-month low against the yen on Monday amid rising risk aversion as investors continue to debate the outlook for a U.S. economic recovery.

Currencies

The dollar was last down 1.2 percent against the yen on electronic trading platform EBS at 94.88 yen JPY=EBS after going as low as 94.75 yen. It was the lowest since June 1. (Reporting by Nick Olivari; Editing by Theodore d'Afflisio)



More from Reuters

Photo

U.N. climate talks acknowledge Copenhagen accord

COPENHAGEN (Reuters) - U.N. climate talks avoided failure on Saturday by formally acknowledging a new U.S.-led accord for combating global warming despite opposition from several nations. | Video

A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

Two men shake hands in a file photo.    REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article