Investing.com – The U.S. dollar was down against all of the other major currencies on Monday, as sentiment towards the dollar remained weak ahead of the release of key U.S. data on the housing sector.
During European afternoon trade, the greenback was down against the euro, with EUR/USD climbing 0.48% to hit 1.4021. Earlier in the day, official data showed that the euro zone’s industrial new orders rose more-than-expected in August.
The greenback was also down against the pound and the Swiss franc, with GBP/USD gaining 0.30% to hit 1.5733 and USD/CHF tumbling 0.92% to hit 0.9684. Earlier Monday, industry data showed that mortgage approvals in the U.K. fell more-than-expected in September.
Elsewhere the greenback was down against the yen with USD/JPY plunging 0.98% to hit 80.54. Earlier in the day, Japan’s Ministry of Finance said that the country’s trade surplus rose more-than-expected in September, the first year-on-year rise in two months.
The greenback was also down against its Canadian, Australian and New Zealand counterparts, with USD/CAD falling 0.90% to hit 1.0169, AUD/USD jumping 1.28% to hit 0.9955 and NZD/USD soaring 1.03% to hit 0.7545.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.61%.
Later in the day, the U.S. was to release industry data on existing home sales.
During European afternoon trade, the greenback was down against the euro, with EUR/USD climbing 0.48% to hit 1.4021. Earlier in the day, official data showed that the euro zone’s industrial new orders rose more-than-expected in August.
The greenback was also down against the pound and the Swiss franc, with GBP/USD gaining 0.30% to hit 1.5733 and USD/CHF tumbling 0.92% to hit 0.9684. Earlier Monday, industry data showed that mortgage approvals in the U.K. fell more-than-expected in September.
Elsewhere the greenback was down against the yen with USD/JPY plunging 0.98% to hit 80.54. Earlier in the day, Japan’s Ministry of Finance said that the country’s trade surplus rose more-than-expected in September, the first year-on-year rise in two months.
The greenback was also down against its Canadian, Australian and New Zealand counterparts, with USD/CAD falling 0.90% to hit 1.0169, AUD/USD jumping 1.28% to hit 0.9955 and NZD/USD soaring 1.03% to hit 0.7545.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.61%.
Later in the day, the U.S. was to release industry data on existing home sales.