Custom Search

FOREX-US dollar trims rise vs yen as stocks clip gains

Saturday, September 20, 2008

NEW YORK, Sept 18 (Reuters) - The U.S. dollar trimmed gains against the yen on Thursday, after Wall Street shares surrendered some of their gains led by financial stocks.

The dollar cut gains to 104.78, coming off session peaks at 105.57 yen . The euro has also come off about 200 points from its highs of the session. It last traded at $1.4377 , still up though by half a percent from late on Wednesday.

Shares of Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) and Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz) tumbled on Thursday, dragging overall U.S. equities lower and weighing on the dollar. (Reporting by Gertrude Chavez-Dreyfuss; Editing by Theodore d'Afflisio)

Forex news about us dollar :Reuters

Posted by hitz travel at 4:49 AM  

0 comments:

Post a Comment

Custom Search

forex - Google News