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FOREX-Dollar extends losses versus euro after TICs data

Published 11/16/2010, 09:09 AM
Updated 11/16/2010, 09:12 AM

NEW YORK, Nov 16 (Reuters) - The dollar extended losses against the euro on Tuesday after U.S. Treasury data showed a sharp increase in net capital inflows into the United States in September.

The euro rose to $1.3613 after the data from $1.3601 beforehand, up 0.2 percent on the day. Against the yen, the dollar fell to 83.12 from 83.13 previously, little changed on the day.

Net capital inflows into the United States rose to $81.7 billion in September from a revised inflow of $11.2 billion in August, the Treasury Department said in its Treasury International Capital flows report.

The department originally reported an inflow of $38.9 billion in August.

The U.S. posted a trade deficit of $45.5 billion in September. (Reporting by Nick Olivari; Editing by James Dalgleish)

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