Dollar hits 8-month low vs yen on U.S. worries @ Forex Factory

Preferred Broker

Dollar hits 8-month low vs yen on U.S. worries

TOKYO, July 30 (Reuters) - The dollar fell to an eight-month low against the yen on Friday, hurt by selling from Japanese exporters and concerns that U.S. GDP data would add to signs of fading momentum for the U.S. economic recovery. In Asian trade, the dollar's fall was primarily driven by month-end selling from Japanese exporters, which overwhelmed buying from several new Japanese investment funds launched on Friday. Full Story

Story Submitter