Off the wire
Urgent: Chinese premier arrives in Colombia for official visit  • Foreign exchange rate of Euro to other currencies  • Lebanon expects "Belt and Road" initiative to enhance Arab-China ties  • Germany's benchmark DAX index little changed  • Leaders of EU, Eastern Partnership states arrive for Riga Summit  • WFP offers aid to vulnerable people displaced in west Libya  • 1st LD Writethru: Gold falls on positive U.S. job data  • Roundup: Lithuania tightens propaganda countermeasures  • Deputy UN chief discusses migrants issue with head of ASEAN  • Urgent: U.S. dollar mixed on weak data  
You are here:   Home

1st LD Writethru: U.S. dollar mixed on weak data

Xinhua, May 22, 2015 Adjust font size:

The U.S. dollar traded mixed against other major currencies on Thursday as economic data from the country came out overall negative.

U.S. existing-home sales declined 3.3 percent to a seasonally adjusted annual rate of 5.04 million in April from 5.21 million in the previous month, reported the National Association of Realtors on Thursday.

Meanwhile, the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers' Index fell from 54.1 in April to 53.8 in May, signaling the weakest improvement in overall business conditions since the start of 2014.

The dollar index, which measures the greenback against six other currencies, was down 0.20 percent at 95.261 in late trading.

Investors were awaiting Fed Chair Janet Yellen's speech on the U.S. economic outlook this Friday to get more clues about the timing of interest rates hike.

In late New York trading, the euro rose to 1.1133 dollars from 1.1118 dollars in the previous session, and the British pound climbed to 1.5672 dollars from 1.5548 dollars in the previous session. The Australian dollar went down to 0.7894 dollars from 0. 7900 dollars.

The U.S. dollar bought 120.97 Japanese yen, lower than 121.16 yen of the previous session. The U.S. dollar was flat at 0.9353 Swiss francs, and it increased to 1.2204 Canadian dollars from 1. 2188 Canadian dollars. Endite