🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Dollar mixed vs. rivals in quiet trade

Published 01/03/2014, 09:02 AM
Dollar turns mixed vs. rivals
EUR/USD
-
GBP/USD
-
USD/JPY
-
USD/CHF
-
AUD/USD
-
USD/CAD
-
NZD/USD
-
Investing.com - The dollar was mixed against the other major currencies in quiet trade on Friday, as markets eyed a speech by Federal Reserve Chairman Ben Bernanke later in the day.

During European afternoon trade, EUR/USD slipped 0.24% to 1.3638.

The greenback remained supported after the U.S. Department of Labor on Thursday said the number of individuals filing for initial jobless benefits in the week ending December 28 declined by 2,000 to a seasonally adjusted 339,000.

Analysts had expected U.S. jobless claims to fall by 7,000 to 334,000 last week from the previous week’s revised total of 341,000.

In the euro zone, official data showed that the number of unemployed people in Spain dropped by 107,600 in December, compared to expectations for a 20,000 rise, after 2,500 decline the previous month.

The pound was lower against the dollar, with GBP/USD down 0.22% to 1.6416.

Markit research group earlier said the U.K. construction purchasing managers' index fell to 62.1 in December, from a reading of 62.6 the previous month. Analysts had expected the index to drop to 62.0 last month.

The report came after industry data showed that U.K. house price inflation rose 1.4% in December, beating expectations for a 0.7% uptick, after an upwardly revised 0.7% increase in November.

Elsewhere, the greenback was lower against the yen, with USD/JPY down 0.34% to 104.45 and higher against the Swiss franc, with USD/CHF rising 0.33% to 0.9020.

In Switzerland, the SVME PMI fell to 53.9 last month, from a reading of 56.5 in November, compared to expectations for a rise to 56.9.

The greenback was broadly lower against the Australian, New Zealand and Canadian dollars, with AUD/USD up 0.99% to 0.8999, NZD/USD jumping 1.37% to 0.8298 and USD/CAD down 0.49% to 1.0617.

The U.S. dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.07% to 80.77.

Also Friday, data showed that China's non-manufacturing PMI fell to 54.6 in December, from a reading of 56.0 the previous month.


Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.