U.S. dollar dips amid economic data

Source: Xinhua| 2019-04-13 04:33:41|Editor: huaxia
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NEW YORK, April 12 (Xinhua) -- U.S. dollar weakened against its major rivals in late trading on Friday amid a slew of newly-released key economic data.

U.S. import prices increased 0.6 percent in March, following a 1.0-percent rise in February, the Department of Labor reported on Friday. Both the March and February advances were driven by higher fuel prices.

Prices for U.S. exports rose 0.7 percent for the second consecutive month in March, contributed by both agricultural and nonagricultural prices, the department said.

The dollar index, which measures the greenback against six major peers, was down 0.22 percent at 96.9714 in late trading.

In late New York trading, the euro increased to 1.1295 U.S. dollars from 1.1255 dollars in the previous session, and the British pound rose to 1.3077 dollars from 1.3056 U.S. dollars in the previous session. The Australian dollar increased to 0.7172 dollar from 0.7118 dollar.

The U.S. dollar bought 112.07 Japanese yen, higher than 111.67 Japanese yen of the previous session. The U.S. dollar fell to 1.0028 Swiss francs from 1.0036 Swiss francs, and it decreased to 1.3334 Canadian dollars from 1.3380 Canadian dollars. Enditem

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