U.S. dollar climbs amid Fed decision, data
Xinhua, May 3, 2017 Adjust font size:
The U.S. dollar rose against most major currencies on Wednesday as investors were digesting the latest Federal Reserve decision as well as economic data from the country.
The Fed decided to leave its benchmark interest rates unchanged as the central bank waited on more data to assess the U.S. economic outlook.
On the economic front, U.S. private sector employment increased by 177,000 jobs from March to April, on a seasonally adjusted basis and above the market consensus of 175,000, according to the March ADP National Employment Report.
The ADP figure is widely seen as a pre-indicator for the non-farm payrolls report due on Friday.
The dollar index, which measures the greenback against six major peers, was up 0.27 percent at 99.244 in late trading.
In late New York trading, the euro dipped to 1.0897 dollars from 1.0923 dollars, and the British pound fell to 1.2883 dollars from 1.2924 U.S. dollars in the previous session. The Australian dollar decreased to 0.7440 U.S. dollar from 0.7528 U.S. dollar.
The U.S. dollar bought 112.64 Japanese yen, higher than 112.05 yen of the previous session. The U.S. dollar rose to 0.9938 Swiss franc from 0.9926 Swiss franc, and it edged down to 1.3703 Canadian dollars from 1.3724 Canadian dollars. Enditem