Dollar Rises to FiveMonth High, Puts Heat on Yen

LONDONTOKYO, April 16 Reuters The dollar rose to a fivemonth high against the pound and euro on Tuesday, a day after strongerthanexpected U.S. retail sales sent Treasury yields higher, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990. Data on Monday showed U.S. retail sales rose 0.7 last month, compared […]
Read More

Sterling Holds at FiveMonth Low after UK Labour Data

LONDON, April 16 Reuters Sterling stayed at a fivemonth low versus the dollar on Tuesday, after data showed Britain39;s unemployment rate rose by morethanexpected. The pound was last flat on the day against the dollar at 1.24475, having touched its lowest since Nov. 17, earlier in the session. It was also steady versus the euro, which stood […]
Read More