1st LD Writethru: U.S. dollar mixed on upbeat data
Xinhua, March 25, 2015 Adjust font size:
The U.S. dollar traded mixed against other major currencies on Tuesday as economic data from the country came out overall positive.
U.S. Department of Commerce reported on Tuesday that sales of new single-family houses in February registered a seasonally adjusted annual rate of 539,000, the highest level in seven years. The latest reading beat market consensus of 462,000 and was 7.8 percent above the revised January rate of 500,000.
Meanwhile, the London-based data processor Markit said on Tuesday that the flash reading of the U.S. Markit manufacturing purchasing managers'index climbed in March to 55.3 from 55.1 in February, higher than market consensus of 54.7, showing the sound recovery of the U.S. manufacturing sector.
U.S. Consumer Price Index also rose 0.2 percent in February on a seasonally adjusted basis, in line with market consensus, the U. S. Labor Department reported Tuesday. That marked the first increase in four months.
The dollar index, which measures the greenback against six major peers, was up 0.15 percent at 97.174 in late trading.
In late New York trading, the euro declined to 1.0925 dollars from 1.0944 dollars in the previous session, and the British pound dropped to 1.4846 dollars from 1.4944 dollars. The Australian dollar decreased to 0.7870 dollars from 0.7881 dollars.
The U.S. dollar bought 119.66 Japanese yen, lower than 119.81 yen of the previous session. The U.S. dollar edged down to 0.9576 Swiss francs from 0.9667 Swiss francs, and it dropped to 1.2497 Canadian dollars from 1.2505 Canadian dollars. Endite