U.S. dollar rises amid economic data

Source: Xinhua| 2018-06-19 04:55:04|Editor: huaxia
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NEW YORK, June 18 (Xinhua) -- The U.S. dollar climbed slightly on Monday as investors were digesting the latest economic data.

The U.S. National Association of Home Builders' (NAHB) monthly confidence index fell two points to 68 in June, lower than the market forecast of 70, according to data released on Monday.

Major components of the U.S. overall NAHB index fell in June as compared with the previous month. The gauge of present single family sales slipped to 75 from 76 in May, while the gauge of future sales conditions fell one point from May to 76.

The NAHB index rates the relative level of current and future single-family home sales. A reading above 50 indicates a favorable outlook on home sales while below indicates a negative outlook.

The dollar index, which measures the greenback against six major peers, was up 0.04 percent at 94.792 in late trading.

In late New York trading, the euro increased to 1.1615 dollars from 1.1606 dollars in the previous session, and the British pound was down to 1.3240 dollars from 1.3280 U.S. dollars in the previous session. The Australian dollar was down to 0.7416 dollar from 0.7450 dollar.

The U.S. dollar bought 110.51 Japanese yen, lower than 110.61 Japanese yen of the previous session. The U.S. dollar fell to 0.9949 Swiss franc from 0.9972 Swiss franc, and it rose to 1.3216 Canadian dollars from 1.3179 Canadian dollars. Enditem

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