Dollar Advances Versus Yen as Foreigners Buy Record Amount of U.S. Assets

(Bloomberg) -- The dollar extended an advance
against the yen and pared a drop versus the euro after a
government report showed foreigners added a record amount of
U.S. securities in May.

The U.S. currency climbed to 122.15 yen at 9:02 a.m. in New
York, from 121.89 yen late yesterday. The dollar traded at
$1.3781 per euro from $1.3772 yesterday. On July 13, the dollar
dropped to a record low of $1.3814 per euro.


Read more at Bloomberg Currencies News