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08-27-2008, 02:58 PM
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Dollar pares losses after US durable goods data
NEW YORK, Aug 27 (Reuters) - The U.S. dollar pared losses against the yen and euro on Wednesday after a Commerce Department report showed an unexpected rise in U.S. durable goods orders for July.
The dollar rose to 109.17 yen from 109.05 yen <JPY=>, while the euro traded at $1.4749 <EUR=> compared with $1.4775 before the release of the data. (Reporting by Nick Olivari, Editing by Chizu Nomiyama,)
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