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WORLD FOREX: Dollar Dips Vs. Yen After Disappointing US Data

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NEW YORK (Dow Jones)--The dollar fell against the yen Wednesday after another piece of disappointing economic data stoked worries the U.S. recovery is slowing.

A recent string of worse-than-expected U.S. data have drawn investor attention to the U.S. economy, taking the focus off the euro-zone's sovereign-debt worries and allowing the euro to hover recently around $1.30.

"U.S. data may not be helpful for the dollar near-term," said Brown Brothers Harriman analysts. The dollar hit an intraday low against the safe-harbor yen after the release of Wednesday's disappointing U.S. durable goods figures.

Wednesday morning, the euro was at $1.2994 from $1.3006 ...

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