1st LD Writethru: U.S. dollar falls on downbeat data

The U.S. dollar decreased against other major currencies on Friday as the country's soft economic data dampened market expectation for an interest-rate hike by year-end.

U.S. consumers' personal income and spending data came out lower than expected. In September, the two figures increased 0.1 percent respectively, the Commerce Department said on Friday.

The price index for personal consumption expenditure, a gauge for the inflation level favored by the Federal Reserve, decreased 0.1 percent in September, following a decline of less than 0.1 percent in August.

Meanwhile, the final reading of consumer sentiment index published by Thomson Reuters/ University of Michigan came in at 90.0 for October, missing market consensus of 92.5.

The dollar index, which measures the greenback against six major peers, was down 0.38 percent at 96.909 in late trading.

In late New York trading, the euro rose to 1.1005 dollars from 1.0980 dollars in the previous session, and the British pound climbed to 1.5435 dollars from 1.5315 U.S. dollars in the previous session. The Australian dollar hiked to 0.7134 dollar from 0.7077 dollar.

The U.S. dollar bought 120.71 Japanese yen, lower than 121.11 yen of the previous session. The U.S. dollar dropped to 0.9881 Swiss franc from 0.9897 Swiss franc, and it went down to 1.3084 Canadian dollars from 1.3158 Canadian dollars. Enditem