Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Forex - Dollar broadly lower vs. rivals in holiday-thinned trade

Published 06/13/2011, 07:54 AM
EUR/USD
-
GBP/USD
-
USD/JPY
-
USD/CHF
-
AUD/USD
-
USD/CAD
-
NZD/USD
-
Investing.com – The U.S. dollar was broadly lower against its major counterparts in thin trade on Monday, as the euro inched higher with many centers in Europe closed for the Whit Monday holiday.

During European afternoon trade, the greenback slipped against the euro, with EUR/USD rising 0.20% to hit 1.4376.

The greenback was also down against the pound, with GBP/USD climbing 0.51% to hit 1.6310.

In addition, the greenback was lower against the yen and the Swiss franc, with USD/JPY dipping 0.05% to hit 80.28 and USD/CHF dropping 0.83% to hit 0.8360.

Earlier Monday, Japanese government data showed an unexpected drop in core machinery orders in April, in a sign the March earthquake and tsunami affected companies' ability to spend on equipment and facilities.

Elsewhere, the greenback was down against its Canadian and Australian counterparts, but up against its New Zealand cousin, with USD/CAD shedding 0.23% to hit 0.9774, AUD/USD rising 0.31% to hit 1.0570 and NZD/USD tumbling 1.15% to hit 0.8120.

New Zealand’s dollar fell broadly after a series of severe aftershocks hit the south island city of Christchurch, four months after a devastating earthquake in the city killed 180 people.

The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.25%.

Later in the day, European Central Bank President Jean-Claude Trichet was to speak at an event in London.

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.