1st LD Writethru: U.S. dollar mixed on economic data
Xinhua, November 4, 2015 Adjust font size:
The U.S. dollar traded mixed against other major currencies Tuesday as the economic data from the country came out negative.
The U.S. Commerce Department said Tuesday that new orders for factory goods declined 1.0 percent in September after a downwardly revised 2.1 percent drop in August. The latest reading was slightly below market consensus of a 0.9-percent decrease.
Meanwhile, investors were awaiting the closely-watched U.S. nonfarm payroll report due out Friday to get a more comprehensive view of the recovery of the country's labor market.
After its latest monetary policy meeting, the Federal Reserve kept the benchmark rate unchanged, yet left the door open for a rate hike at the next policy meeting in December.
The U.S. central bank officials had said that whether they will increase interest rates by year-end or not depends mainly on the country's employment situation and the level of inflation.
In late New York trading, the euro fell to 1.0963 dollars from 1.1021 dollars in the previous session, and the British pound rose to 1.5434 dollars from 1.5412 U.S. dollars in the previous session. The Australian dollar climbed to 0.7199 U.S. dollar from 0.7137 U.S. dollar.
The U.S. dollar bought 121.06 Japanese yen, higher than 120.75 yen of the previous session. The U.S. dollar rose to 0.9906 Swiss franc from 0.9866 Swiss franc but went down to 1.3043 Canadian dollars from 1.3099 Canadian dollars. Endit