U.S. dollar ticks up on poor euro zone data

Source: Xinhua| 2018-10-25 04:55:42|Editor: huaxia
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NEW YORK, Oct. 24 (Xinhua) -- The U.S. dollar rose in late trading Wednesday as euro weakened against U.S. dollar on poor purchasing manager index.

The dollar index, which measures the greenback against six major peers, rose 0.49 percent at 96.4336 in late trading.

The Flash Germany Manufacturing Purchasing Managers' Index (PMI) sank to a 29-month of 52.3 in October, from 53.7 in September while Flash Eurozone PMI Composite Output Index fell to 25-month low of 52.7 in October, according to reports issued by IHS Markit on Wednesday.

Euro and British sterling once lost over 0.7 percent to the U.S. dollar on Wednesday.

In late New York trading, the euro decreased to 1.1387 dollars from 1.1467 dollars in the previous session, and the British pound fell to 1.2880 dollars from 1.2985 U.S. dollars in the previous session. The Australian dollar decreased to 0.7064 dollar from 0.7084 dollar.

The U.S. dollar bought 112.41 Japanese yen, lower than 112.47 Japanese yen of the previous session. The U.S. dollar rose to 0.9972 Swiss franc from 0.9956 Swiss franc, and it was down to 1.3017 Canadian dollars from 1.3087 Canadian dollars. Enditem

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