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U.S. dollar mixed amid upbeat data

Xinhua, November 23, 2016 Adjust font size:

The U.S. dollar traded mixed against other major currencies on Tuesday amid positive economic data from the country.

U.S. existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors Tuesday.

Total existing-home sales grew 2.0 percent from an upwardly revised 5.49 million in September to a seasonally adjusted annual rate of 5.60 million in October, beating market consensus of 5.42 million.

Analysts said the upbeat data bolstered market speculation for an interest-rate hike in Federal Reserve' s December meeting.

The dollar index, which tracks the greenback against six major peers, was up 0.07 percent to 101.120 in late trading.

In late New York trading, the euro rose to 1.0616 dollars from 1.0600 dollars, and the British pound dipped to 1.2396 dollars from 1.2466 dollars. The Australian dollar climbed to 0.7395 dollars from 0.7348 dollars.

The dollar bought 111.23 Japanese yen, lower than 111.25 yen in the previous session. The dollar inched up to 1.0119 Swiss francs from 1.0107 Swiss francs, and it climbed to 1.3448 Canadian dollars from 1.3439 Canadian dollars. Enditem