Friday, 25 May 2007

Dollar propped up by strong US data, yen supported

(Reuters) - The dollar ticked up to a six-week high versus the euro on Friday, cheered by strong U.S. housing data the previous session, while falling equity markets boosted the yen.

With the United States and much of Europe shut on Monday for public holidays, trading was likely to be dominated by position squaring as much as by news or data.


Read more at Reuters Africa

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