Investing.com – The U.S. dollar was down against most of the other major currencies on Monday, after industry data showed that U.S. builder confidence in the market for newly built homes remained at an 18-month low.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.20% to hit 1.3074.
Earlier Monday, official data showed that Italy's trade balance unexpectedly recorded a surplus in July.
The greenback was also down against the yen and the Swiss franc, with USD/JPY shedding 0.15% to hit 85.72 and USD/CHF falling 0.47% to hit 1.0052.
Dollar-yen trade volumes remained thin as markets in Japan were closed for a Bank Holiday.
But the greenback was up against the pound, with GBP/USD shedding 0.40% to hit 1.5568.
Earlier Monday, a preliminary Bank of England report showed that U.K. mortgage approvals fell more-than-expected in August, hitting their lowest level in 17 months.
Elsewhere, the greenback was down against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.47% to hit 1.0281, AUD/USD jumping 1.21% to hit 0.9476 and NZD/USD advancing 0.55% to hit 0.7296.
The Australian dollars sharp gains came after the Reserve Bank of Australia's governor indicated that Australia's interest rates could rise further this year.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.21%.
Earlier Monday, data showed that the U.S. National Association of Home Builders/Wells Fargo Housing Market Index remained unchanged at 13 in September, staying at its lowest level since March 2009.
Analysts had expected the NAHB housing market index to rise to 14 in September.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.20% to hit 1.3074.
Earlier Monday, official data showed that Italy's trade balance unexpectedly recorded a surplus in July.
The greenback was also down against the yen and the Swiss franc, with USD/JPY shedding 0.15% to hit 85.72 and USD/CHF falling 0.47% to hit 1.0052.
Dollar-yen trade volumes remained thin as markets in Japan were closed for a Bank Holiday.
But the greenback was up against the pound, with GBP/USD shedding 0.40% to hit 1.5568.
Earlier Monday, a preliminary Bank of England report showed that U.K. mortgage approvals fell more-than-expected in August, hitting their lowest level in 17 months.
Elsewhere, the greenback was down against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.47% to hit 1.0281, AUD/USD jumping 1.21% to hit 0.9476 and NZD/USD advancing 0.55% to hit 0.7296.
The Australian dollars sharp gains came after the Reserve Bank of Australia's governor indicated that Australia's interest rates could rise further this year.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.21%.
Earlier Monday, data showed that the U.S. National Association of Home Builders/Wells Fargo Housing Market Index remained unchanged at 13 in September, staying at its lowest level since March 2009.
Analysts had expected the NAHB housing market index to rise to 14 in September.