Jan 24, 2013

Dollar surges on strong China data

The dollar surged above ¥89 in Tokyo trading Thursday, thanks chiefly to higher stock prices and favorable Chinese economic data. At 5 p.m., the dollar stood at ¥89.26-28, up from ¥88.27-29 at the same time Wednesday. The euro was at $1.3299-3301, against $1.3296-3301, and ...