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Urgent: U.S. dollar falls against euro on weak data

Xinhua, May 16, 2015 Adjust font size:

The U.S. dollar dropped against the euro to a three-month low on Friday amid another batch of lackluster economic data from the country that raised expectation the Federal Reserve will hold its rate hike decision for a longer time.

In late New York trading, the euro rose to 1.1461 dollars from 1.1399 dollars in the previous session, while the dollar bought 119.29 Japanese yen, higher than 119.22 yen of the previous session. Endite