Mon, 01 Jul 2013 06:55:05 GMT
Dollar rises due to better-than-expected Japanese data
The U.S. Dollar rose to its three-week high against the Yen before the U.S. ISM factory data, which is expected to show factory output growth. The Yen fell as report showed that Japanese manufacturers' optimism was strongest in two year, increasing risk-appetite, which decreased demand for safe-haven assets. The greenback rose 0.3% to 99.47 Yen.