Dollar pares gains vs euro after durable goods data |
NEW YORK - The U.S. dollar pared gains versus the euro, but advanced further against the yen on Wednesday after a government report showed U.S. durable goods orders unexpectedly rose 1.8 percent in May.
The euro EUR= last traded at $1.4058, compared with $1.4045 before the release.
The dollar rose to 95.46 yen, up 0.2 percent on the day, from 95.30 yen before the data.
"Definitely a big surprise for the market and we're seeing dollar selling across the board except against the yen," said Brian Kim, currency strategist, UBS in Stamford, Connecticut.
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