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Dollar holds losses vs yen after Chicago PMI data

Published: 09 Oct 2009 20:50:11 PST

NEW YORK, Sept 30 - The U.S. dollar edged lower against the yen on Wednesday after an index of business activity in the U.S. Midwest area showed a surprise drop for September.

The Institute for Supply Management-Chicago business barometer fell to 46.1 from 50.0 in August. Markets were expecting a reading of 52.0.

The dollar fell to 89.60 yen after the data, from about 89.72 yen before the data.


Source: Reuters

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