Monday, July 16, 2007

Dollar Declines Against Yen, Euro Before Reports on Housing, Inflation

(Bloomberg) -- The dollar slid before U.S.
government reports this week that will probably show gains
in consumer prices slowed and home building declined.

Against the yen, the dollar fell to 121.62 as of 11:04 a.m.
in London, from 121.93 on July 13, and it dropped to $1.3797
against the euro from $1.3782.


Read more at Bloomberg Currencies News

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