NEW YORK, March 15 (Reuters) - The dollar extended losses
against the yen and turned negative against the euro on Sunday
after the Federal Reserve cut interest rates to near zero
percent in an emergency move amid the economic impact of the
coronavirus outbreak.
The U.S. Federal Reserve cut interest rates for the second
time in less than two weeks on Sunday, reducing to a target
range of 0% to 0.25%.
The dollar fell 1.1% against the yen to 106.80 yen
JPY=EBS , while the euro rose 0.3% to $1.1146 EUR= .