Thursday, October 8, 2009

Dollar at session lows vs yen on weaker US stocks

EW YORK, Oct 1 (Reuters) - The dollar reversed gains against the yen on Thursday as U.S. equities opened weaker.

The S&P 500 .SPX was down 0.8 percent at 1,048.29, dragging the dollar down to 89.53 yen JPY=, a session low, according to Reuters data.

Traders also said on the technical charts, dollar/yen has a clear downtrend line below 90.10/15. (Reporting by Gertrude Chavez-Dreyfuss; Editing by James Dalgleish)

No comments:

Post a Comment