Dollar extends losses vs euro after U.S. data
The dollar extended losses against the euro on Thursday after data showed business activity in the U.S. manufacturing sector came in weaker than expected in June.
A separate survey from the National Association of Realtors showed contracts for pending sales of previously owned homes plunged a record 30 percent in May, far more than expected, after a popular tax credit expired at the end of the prior month.
The euro edged higher against the dollar to $1.2426 EUR= from $1.2419 before the report. The dollar was last at 87.33 JPY=, compared with 87.32 yen prior to the data. (Reporting by Nick Olivari; Editing by Theodore d'Afflisio)
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