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FOREX-Dollar gains vs yen after US retail sales data

Published 03/12/2010, 08:36 AM
Updated 03/12/2010, 08:44 AM

NEW YORK, March 12 (Reuters) - The dollar gained against the yen and pared losses against the euro on Friday as data on U.S. February retail sales beat expectations, boosting hopes that the economy is on a path to recovery. More details click, [ID:nN11242539].

The euro fell to $1.3747 from $1.3768 before the data's release. Against the yen , the dollar rose to 90.96 from 90.54 previously. (Reporting by Nick Olivari, Editing by Chizu Nomiyama)

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