Dollar hits session high vs yen

Fri Jul 17, 2009 2:23pm BST
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NEW YORK, July 17 (Reuters) - The dollar hit a session high above 94 yen on Friday, reversing earlier losses, as stock futures trimmed losses following data showing a jump in U.S. housing starts last month.

The housing data helped to partly offset a mixed batch of U.S. corporate earnings on Friday.

The dollar was last up 0.3 percent at 94.07 yen JPY= after hitting a session peak at 94.18 yen, according to Reuters data.

The euro also pared losses against both the dollar and yen. It last traded at $1.4118 EUR=, down 0.2 percent on the day, and at 132.88 yen EURJPY=, up 0.1 percent. (Editing by XXX; Editing by Theodore d'Afflisio)

 
 
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