U.S. dollar rebounds amid upbeat data

NEW YORK, March 5 (Xinhua) -- The U.S. dollar increased against most other major currencies on Monday, as investors digested a batch of generally positive economic reports.

Economic activity in the U.S. non-manufacturing sector grew in February for the 97th consecutive month, according to the report on Monday by the Institute for Supply Management(ISM).

The ISM non-manufacturing index registered 59.5 last month, beating market consensus of 58.8.

Meanwhile, the seasonally adjusted final IHS Markit U.S. Services Business Activity Index registered 55.9 in February, up from 53.3 in January.

The dollar index, which measures the greenback against six major peers, increased 0.14 percent at 90.060 in late trading.

In late New York trading, the euro fell to 1.2328 dollars from 1.2331 dollars in the previous session, and the British pound rose to 1.3833 dollars from 1.3791 U.S. dollars in the previous session. The Australian dollar increased to 0.7762 dollar from 0.7754 dollar.

The U.S. dollar bought 106.22 Japanese yen, higher than 105.53 Japanese yen of the previous session. The U.S. dollar was up to 0.9404 Swiss franc from 0.9368 Swiss franc, and it gained to 1.2993 Canadian dollars from 1.2893 Canadian dollars. Enditem