Investing.com – The U.S. dollar was down against most of the other major currencies on Monday, as concerns over a decline in the rate of U.S. economic growth soured sentiment towards the greenback.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.24% to hit 1.3080.
Earlier in the day, 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 0.16% to hit 85.72 and USD/CHF falling 0.34% to hit 1.0065.
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 0.22% to hit 1.5596.
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 slipping 0.16% to hit 1.0312, AUD/USD jumping 1.02% to hit 0.9458 and NZD/USD advancing 0.47% to hit 0.7266.
The Australian dollars sharp gains came after the Reserve Bank of Australia's governor signaled 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 0.22%.
Later in the day, the U.S. was to publish industry data on home sales.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.24% to hit 1.3080.
Earlier in the day, 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 0.16% to hit 85.72 and USD/CHF falling 0.34% to hit 1.0065.
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 0.22% to hit 1.5596.
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 slipping 0.16% to hit 1.0312, AUD/USD jumping 1.02% to hit 0.9458 and NZD/USD advancing 0.47% to hit 0.7266.
The Australian dollars sharp gains came after the Reserve Bank of Australia's governor signaled 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 0.22%.
Later in the day, the U.S. was to publish industry data on home sales.