Investing.com – The U.S. dollar was up against all of the other major currencies on Monday, amid thin trade volumes as dollar sentiment remained negative in the midst of Federal Reserve stimulus concerns.
During European afternoon trade, the greenback was up against the euro and the pound, with EUR/USD shedding 0.31% to hit 1.3888 and GBP/USD falling 0.36% to hit 1.5901.
The dollar was also up against the Swiss franc and the yen, with USD/CHF gaining 0.19% to hit 0.9649 and USD/JPY up 0.21% to hit 82.08.
Elsewhere, the greenback was also up against its Canadian, Australian and New Zealand counterparts, with USD/CAD gaining 0.22% to hit 1.0334, AUD/USD shedding 0.30% to hit 0.9847 and NZD/USD falling 0.43% to hit 0.7525.
Earlier in the day, official data showed that the number of Australian new home loan approvals rose less-than-expected in August.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.23%
Official data released on Friday showed that U.S. non-farm payrolls fell unexpectedly in September, down for the fourth consecutive month. The weak data reinforced expectations that the Federal Reserve will announce new asset buying in order to boost the flagging U.S. economy, effectively devaluing the U.S. dollar.
During European afternoon trade, the greenback was up against the euro and the pound, with EUR/USD shedding 0.31% to hit 1.3888 and GBP/USD falling 0.36% to hit 1.5901.
The dollar was also up against the Swiss franc and the yen, with USD/CHF gaining 0.19% to hit 0.9649 and USD/JPY up 0.21% to hit 82.08.
Elsewhere, the greenback was also up against its Canadian, Australian and New Zealand counterparts, with USD/CAD gaining 0.22% to hit 1.0334, AUD/USD shedding 0.30% to hit 0.9847 and NZD/USD falling 0.43% to hit 0.7525.
Earlier in the day, official data showed that the number of Australian new home loan approvals rose less-than-expected in August.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.23%
Official data released on Friday showed that U.S. non-farm payrolls fell unexpectedly in September, down for the fourth consecutive month. The weak data reinforced expectations that the Federal Reserve will announce new asset buying in order to boost the flagging U.S. economy, effectively devaluing the U.S. dollar.