U.S. dollar rises versus yen, hits session high

Tue Nov 3, 2009 10:15am EST
 
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NEW YORK, Nov 3 (Reuters) - The dollar briefly extended gains versus the yen to hit a session high in mid-morning trading on Tuesday as U.S. stocks cut losses, reducing safe-haven demand for the Japanese currency.

The dollar rose as high as 90.57 yen, according to Reuters data, and was last little changed at 90.36 yen JPY=.

Stock indexes on Wall Street rebounded to trade little changed after data showed new orders received by factories rose more than expected in September. (Editing by James Dalgleish)

 

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