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Dollar mixed against major rivals ahead of manufacturing data

Published 02/01/2010, 03:38 AM
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The U.S. dollar was mixed against other major currencies during early European trading on Monday, ahead of the release of important data on manufacturing activity in the United States. 

The greenback was up against the pound, with GBP/USD shedding 0.3% to hit 1.5940; it also rose against the yen, with USD/JPY gaining 0.13% to reach 90.41. 

But the greenback fell against the euro, with EUR/USD gaining 0.23% to trade at 1.3894. 

The U.S. dollar also fell against its Australian and Canadian counterparts, with AUD/USD gaining 0.006% to hit 0.8838, and USD/CAD shedding 0.12% to hit 1.0692. 

Later Monday, the U.S.-based Institute of Supply Management was set to release its Manufacturing Index, which is considered an important and trusted economic measure.

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