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U.S. dollar falls on mixed data

Xinhua, February 26, 2016 Adjust font size:

The U.S. dollar decreased against most major currencies Thursday as the economic data from the country came out mixed.

U.S. new orders for manufactured durable goods in January increased 11.1 billion U.S. dollars, or 4.9 percent, to 237.5 billion dollars, well above market consensus, the U.S. Department of Commerce announced Thursday.

The U.S. Labor Department reported Thursday that in the week ending Feb. 20, the advance figure for seasonally adjusted initial jobless claims increased 10,000 from the previous week's unrevised level to 272,000, higher than market consensus of 270,000.

The dollar index, which measures the greenback against six other currencies, was down 0.07 percent at 97.393 in late trading.

In late New York trading, the euro rose to 1.1024 U.S. dollars from 1.1013 dollars of the previous session, and the British pound climbed to 1.3965 U.S. dollars from 1.3922 dollars. The Australian dollar went up to 0.7231 U.S. dollar from 0.7203 dollar.

The U.S. dollar bought 112.96 Japanese yen, higher than 111.77 yen of the previous session. The U.S. dollar increased to 0.9903 Swiss franc from 0.9884 Swiss franc but dropped to 1.3540 Canadian dollars from 1.3703 Canadian dollars. Endit