Investing.com - The U.S. dollar traded lower against its major rivals during Friday’s Asian session as the government shutdown stretched into a third day and economic data proved soft.
In Asian trading Friday, EUR/USD rose 0.06% to 1.3627 after euro zone retail sales rose 0.7% in August, beating expectations for a 0.2% gain, after an upwardly revised 0.5% increase the previous month, according to official data.
Separately, the Markit research group said its final reading for the euro zone services purchasing managers' index rose to 52.2 in September from 52.1 in August. Analysts were expecting the index to remain unchanged last month. Germany's service-sector PMI declined to 53.7 last month from 54.4 in August, compared to expectations for the index to remain unchanged.
USD/JPY fell 0.11% to 97.26 as traders continued to embrace the yen as a safe-haven alternative to the greenback amid macro headwinds.
GBP/USD inched up 0.06% to 1.6166 after Markit said the services PMI ticked down to 60.3 in September, from a reading of 60.5 the previous month, compared to expectations for a decline to 60.0.
A separate report showed that house price inflation in the U.K. rose 0.3% last month, confounding expectations for a 0.5% increase, after a downwardly revised 0.3% uptick in August.
USD/CHF lost 0.08% to 0.8988 while USD/CAD nudged down 0.05% to 1.0328 even as oil prices traded lower.
In U.S. economic news out Thursday, the ISM non-manfacturing PMI showed a sharper than expected decline from 58.6 to 54.4, lower than the consensus at 57.4.
Separately, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending Sept. 28 rose by 1,000 to a seasonally adjusted 308,000, better than analysts' calls for jobless claims to rise by 6,000 to 313,000 last week.
AUD/USD jumped 0.31% to 0.9424 while NZD/USD nudged higher by 0.05% to 0.8298. The U.S. Dollar Index lost 0.05% to 79.82.
In Asian trading Friday, EUR/USD rose 0.06% to 1.3627 after euro zone retail sales rose 0.7% in August, beating expectations for a 0.2% gain, after an upwardly revised 0.5% increase the previous month, according to official data.
Separately, the Markit research group said its final reading for the euro zone services purchasing managers' index rose to 52.2 in September from 52.1 in August. Analysts were expecting the index to remain unchanged last month. Germany's service-sector PMI declined to 53.7 last month from 54.4 in August, compared to expectations for the index to remain unchanged.
USD/JPY fell 0.11% to 97.26 as traders continued to embrace the yen as a safe-haven alternative to the greenback amid macro headwinds.
GBP/USD inched up 0.06% to 1.6166 after Markit said the services PMI ticked down to 60.3 in September, from a reading of 60.5 the previous month, compared to expectations for a decline to 60.0.
A separate report showed that house price inflation in the U.K. rose 0.3% last month, confounding expectations for a 0.5% increase, after a downwardly revised 0.3% uptick in August.
USD/CHF lost 0.08% to 0.8988 while USD/CAD nudged down 0.05% to 1.0328 even as oil prices traded lower.
In U.S. economic news out Thursday, the ISM non-manfacturing PMI showed a sharper than expected decline from 58.6 to 54.4, lower than the consensus at 57.4.
Separately, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending Sept. 28 rose by 1,000 to a seasonally adjusted 308,000, better than analysts' calls for jobless claims to rise by 6,000 to 313,000 last week.
AUD/USD jumped 0.31% to 0.9424 while NZD/USD nudged higher by 0.05% to 0.8298. The U.S. Dollar Index lost 0.05% to 79.82.