Dollar extends falls, loses 1.1 pct on day vs yen

LONDON, Dec 28 (BestGrowthStock) – The dollar extended falls versus
the yen on Tuesday, losing more than one percent on the day to
hit its lowest in six and a half weeks as thin liquidity
exacerbated price movements.

The dollar fell 1.1 percent to a low of 81.84 yen (JPY=: ),
according to Reuters data, its weakest since Nov. 12.

The move came as the dollar fell nearly 1 percent against a
basket of currencies (.DXY: ) to 79.596, its weakest in 11 days,
with traders saying year-end positioning was mostly dollar
negative.

(Reporting by London Forex team; Editing by Ron Askew)

Dollar extends falls, loses 1.1 pct on day vs yen