Dollar weakens as US data disappoints

April 24, 2015 11:31 PM

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Dollar weakens as US data disappoints

[NEW YORK] The dollar extended its losses on Friday on a run of weaker-than-expected US economic data, helping prop up the euro despite lack of progress in Greece bailout talks.

The government report on US durable goods orders was the latest to raise questions about the Federal Reserve's planned interest rate increase. While the headline number rose 4.0 per cent in March, that was driven by jumps in civilian and military aircraft and autos; without them orders fell 0.2 per ...

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