RTRS: Dollar falls vs yen on U.S. housing data, hits session low
June 16 (Reuters) - The dollar fell against the yen to hit a session low on Wednesday after data showed U.S. housing starts fell more than expected in May to their lowest level in five months.
For details on housing data, see [ID:nN1563166]
The dollar dipped as low as 91.10 yen JPY=, according to Reuters data, and was last at 91.16 yen, down 0.3 percent on the day.
The euro also briefly extended losses to a session low of $1.2255 EUR=, according to Reuters data, before rebounding to $1.2269, still down 0.4 percent.
A separate government report showed U.S. producer prices retreated in May, buying the Federal Reserve some time to maintain its ultra-low interest rate policy. [ID:nN16142209] (Editing by Theodore d'Afflisio)