Dollar Gains on Weak ISM Data

July 7, 2010  |  

(Wall Street Journal) —Disappointment over the U.S. nonmanufacturing Institute of Supply Management survey continued to ripple through financial markets Wednesday, knocking the euro lower but helping the dollar and the yen. The euro slipped back to $1.2567 from $1.2619 late Tuesday in New York, according to EBS. The single currency also fell to ¥109.44 from ¥110.42 while the dollar declined to ¥87.07 from ¥87.48.

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