March 26, 2013 / 1:15 PM / in 4 years

Dollar pares losses vs euro after US home price data

1 Min Read

NEW YORK, March 26 (Reuters) - The dollar pared losses versus the euro and extended gains versus the Japanese yen on Tuesday after U.S. data showed single-family home prices rose in January.

Home prices started the year with their biggest annual increase in six-and-a-half years, according to the S&P/Case-Shiller survey, in a fresh sign the housing market recovery remains on track.

The euro last traded at $1.2854, nearly flat on the day. It had been trading at around $1.2864 before the data.

The dollar last traded at 94.28 yen, up 0.1 percent on the day. It had been trading at around 94.24 before the data.

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