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U.S. dollar falls amid economic data

Source: Xinhua   2017-01-31 05:02:19

NEW YORK, Jan. 30 (Xinhua) -- The U.S. dollar decreased slightly against other major currencies on Monday, as investors pondered over a batch of mixed economic data.

U.S. personal income in December increased 50.2 billion U.S. dollars, or 0.3 percent, missing market consensus, announced the Commerce Department Monday.

In December, disposable personal income increased 43.6 billion dollars, or 0.3 percent, and personal consumption expenditures increased 63.1 billion dollars, or 0.5 percent.

Meanwhile, U.S. pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to the National Association of Realtors Monday.

The Pending Home Sales Index increased 1.6 percent to 109.0 in December from 107.3 in November, beating market estimates.

The U.S. Federal Reserve's two-day policy meeting was also in focus, which is scheduled to start Tuesday.

The dollar index, which measures the greenback against six major peers, edged down 0.06 percent at 100.47 in late trading Monday.

In late New York trading, the euro fell to 1.0693 dollars from 1.0696 dollars in the previous session, and the British pound dipped to 1.2482 dollars from 1.2555 U.S. dollars in the previous session. The Australian dollar increased to 0.7552 dollar from 0.7551 dollar.

The U.S. dollar bought 113.69 Japanese yen, lower than 115.08 yen of the previous session. The U.S. dollar lost to 0.9953 Swiss francs from 0.9995 Swiss francs, and it moved down to 1.3116 Canadian dollars from 1.3134 Canadian dollars.

Editor: yan
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Xinhuanet

U.S. dollar falls amid economic data

Source: Xinhua 2017-01-31 05:02:19
[Editor: huaxia]

NEW YORK, Jan. 30 (Xinhua) -- The U.S. dollar decreased slightly against other major currencies on Monday, as investors pondered over a batch of mixed economic data.

U.S. personal income in December increased 50.2 billion U.S. dollars, or 0.3 percent, missing market consensus, announced the Commerce Department Monday.

In December, disposable personal income increased 43.6 billion dollars, or 0.3 percent, and personal consumption expenditures increased 63.1 billion dollars, or 0.5 percent.

Meanwhile, U.S. pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to the National Association of Realtors Monday.

The Pending Home Sales Index increased 1.6 percent to 109.0 in December from 107.3 in November, beating market estimates.

The U.S. Federal Reserve's two-day policy meeting was also in focus, which is scheduled to start Tuesday.

The dollar index, which measures the greenback against six major peers, edged down 0.06 percent at 100.47 in late trading Monday.

In late New York trading, the euro fell to 1.0693 dollars from 1.0696 dollars in the previous session, and the British pound dipped to 1.2482 dollars from 1.2555 U.S. dollars in the previous session. The Australian dollar increased to 0.7552 dollar from 0.7551 dollar.

The U.S. dollar bought 113.69 Japanese yen, lower than 115.08 yen of the previous session. The U.S. dollar lost to 0.9953 Swiss francs from 0.9995 Swiss francs, and it moved down to 1.3116 Canadian dollars from 1.3134 Canadian dollars.

[Editor: huaxia]
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