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Global Deals Review: Q4 2009

Two men shakes hands in this file photo. REUTERS/Files

Hot sectors in a tepid recovery

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FOREX-Dollar rises vs euro, yen on US housing data

Mon Mar 24, 2008 10:09am EDT

NEW YORK, March 24 (Reuters) - The dollar rose against the euro and climbed to session highs versus the yen on Monday after U.S. existing home sales for February came in better than expected.

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The euro fell 0.3 percent against the dollar to $1.5380 EUR=, from $1.5420 just before. Against the yen, the dollar jumped to the day's highs at 100.29 yen JPY=, from 99.95 yen just before.

Data on Monday showed U.S. existing home sales rose 2.9 percent last month. For details, see [ID:nN24322776]. (Reporting by Gertrude Chavez-Dreyfuss; Editing by Tom Hals)

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