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Dollar extends losses vs yen after Philly Fed data
February 21, 2013 / 3:15 PM / 5 years ago

Dollar extends losses vs yen after Philly Fed data

NEW YORK, Feb 21 (Reuters) - The dollar extended losses against the yen on Thursday after an index of business activity in the U.S. Mid-Atlantic region fell unexpectedly in February.

The Philadephia Fed business conditions index dropped to -12.5 this month, compared with forecasts for a rise to 1.0. .

The dollar fell as low 93.04 yen from 93.21 yen before the data’s release.

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