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MW: Dollar up versus yen after housing data
 
The U.S. dollar stayed higher versus the Japanese yen Monday after a report showed U.S. pending home sales rose 3.2% in March, higher than some analysts expected and buoying hopes that the housing downturn may be ending. The dollar bought 99.48 Japanese yen, versus 99.11 yen in North American trade late Friday. The dollar index , a measure of the greenback against a trade-weighted basket of six major currencies, slipped to 84.29 from 84.54. The euro was higher, at $1.3319 from $1.3268 Friday, supported by better-than-expected European manufacturing data, traders said. British and Japanese markets were closed for holidays, substantially limiting trading activity.
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