1st LD Writethru: U.S. dollar mixed on economic data
Xinhua, November 3, 2015 Adjust font size:
The U.S. dollar traded mixed against other major currencies Monday as investors were digesting economic data both from the country and Eurozone.
On the U.S. economic front, the Institute for Supply Management said Monday that the country's October manufacturing Purchasing Managers' Index (PMI) registered 50.1 percent, a decrease of 0.1 percentage point from the September reading of 50.2 percent, but above market consensus of 50.0 percent.
Meanwhile, financial data firm Markit reported Monday that the final reading on U.S. PMI in October picked up to a six month high at 54.1, up from 53.1 in September.
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 Friday.
However, the greenback went down against the euro as Germany's manufacturing activity data also came out better than expected, dampening market expectation for more stimulus in Eurozone.
The dollar index, which measures the greenback against six major peers, was down 0.02 percent at 96.924 in late trading.
In late New York trading, the euro rose to 1.1021 dollars from 1.1005 dollars in the previous session, and the British pound fell to 1.5412 dollars from 1.5435 U.S. dollars in the previous session. The Australian dollar climbed to 0.7137 U.S. dollar from 0.7134 dollar.
The U.S. dollar bought 120.75 Japanese yen, higher than 120.71 yen of the previous session. The U.S. dollar dropped to 0.9866 Swiss franc from 0.9881 Swiss franc and went up to 1.3099 Canadian dollars from 1.3084 Canadian dollars. Endit