Dollar Drops on Asian Improved Data

The U.S. dollar started this Friday's trading session losing versus most of the 16 main traded currencies as reports in Asia didn't confirm mediocre forecasts and brought optimism towards the global economic recovery.

The dollar fell for a second day after touching the highest price in 2010 versus the euro earlier this week as bank lending improved in the South Pacific region and Japan's monthly retail sales advanced surprising forecasts and pushing Asian stocks up, indirectly affecting the greenback rates to lower levels.

EUR / USD climbed to 1.3595 as of 4:24 am GMT from an intraday price of 1.3456.