Wednesday, 24 July 2013

Dollar rises in Asian trading New York fuelled by a weak US manufacturing report,

TOKYO: The dollar strengthened in thin Asian trade on Wednesday, rebounding from losses in New York fuelled by a weak US manufacturing report, while a consumer confidence spike supported the euro.

The greenback fetched 99.74 yen in afternoon Tokyo trade, compared with 99.48 yen in New York Tuesday afternoon, although still well down from the 100-yen levels seen at the end of last week.

The euro bought 131.68 yen and $1.3205, from 131.53 yen and $1.3222, after data showed eurozone

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