Friday, June 13, 2008

UPDATES ON JUNE 13 FRIDAY

JUNE 13 FRIDAY


The dollar fell to session lows versus the euro and traded

flat against the yen as investors took profits ahead of the

weekend after recent strong gains in the U.S. currency,

traders said.


A government report on Friday showed U.S. personal

spending rose in April in line with forecasts and a key

measure of inflation moderated.


The dollar garnered broad support this week from

a further retreat in oil prices from last week's record


$135.09 per barrel and a jump in U.S. Treasury yields.

The euro zone common currency was headed for

a second month of declines versus the greenback,

according to Reuters data.


The dollar index, which tracks the value of the greenback

against a basket of six currencies, rose.

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