MW: Dollar pares loss, Treasurys stay up after data
By Deborah Levine
SAN FRANCISCO (MarketWatch) -- The dollar pared losses and Treasury prices held onto a slim gain on Wednesday after a report showed U.S. housing starts fell to an annual pace of 861,000 in November. The dollar index DXY -0.26% , which measures the U.S. unit's performance against a basket of six major currencies, traded at 79.071 against 79.036 before the data and paring a loss versus 79.349 in North American trade late Tuesday. The euro EURUSD +0.4355% traded at $1.3297, after topping $1.33 earlier and versus $1.3227 on Tuesday. After being lower during the overnight session, yields on 10-year notes 10_YEAR -0.44% , which move inversely to prices, lately fell 1 basis point to 1.82%.
