Investing.com - The U.S. dollar was mixed against its major rivals during Thursday’s Asian session await key data points out of the U.S. and central bank news out of Europe.
In Asian trading Thursday, EUR/USD inched up 0.02% to 1.3518 ahead of the European Central Bank meeting later Thursday. Traders are widely expecting the ECB will keep rates at 0.5%.
On Wednesday, data revealed that factory orders in Germany, Europe's largest economy, rose 3.3% in September, far surpassing expectations for a gain of 0.5% and were also up 7.9% on year, which sparked demand for the euro that came at the dollar's expense.
Elsewhere, revised data revealed that the final reading of the euro zone’s services purchasing managers’ index ticked down to 51.6 in October from 52.2 in September but was still higher than a preliminary estimate of 50.9.
GBP/USD nudged down 0.02% to 1.6078. On Wednesday, the Office for National Statistics said earlier that U.K. manufacturing production rose 1.2% in September, beating expectations for a 1.1% increase and also up 0.8% on a year-over-year basis, beating forecasts for a 0.7% annual gain.
The ONS said industrial production rose 0.9% in September, compared to expectations for a 0.5% increase and was 2.2% higher than in the same month last year.
USD/JPY lost 0.08% to 98.60. A Bloomberg report out Wednesday noted some market participants view Japanese small-caps as having "overheated" on the back of the yen’s plunge earlier this year.
Daiwa SB Investments said Japanese small-cap real estate and Internet names look unattractive, Bloomberg reported.
USD/CHF fell 0.06% to 0.9118 while USD/CAD inched up 0.03% to 1.0423 even as oil prices traded modestly higher.
AUD/USD dipped 0.56% to 0.9474 after the Australian Bureau of Statistics said the country’s unemployment remained at 5.7% last month, defying expectations for a rise to 5.8%. The number of people employed rose 11,639, well above the estimate of 7,500.
However, the Aussie tumbled because Australia lost nearly 28,000 full-time jobs. The number of part-time jobs rose by nearly 29,000.
NZD/USD lost 0.26% to 0.8358 while the U.S. Dollar Index was flat at 80.57.
In Asian trading Thursday, EUR/USD inched up 0.02% to 1.3518 ahead of the European Central Bank meeting later Thursday. Traders are widely expecting the ECB will keep rates at 0.5%.
On Wednesday, data revealed that factory orders in Germany, Europe's largest economy, rose 3.3% in September, far surpassing expectations for a gain of 0.5% and were also up 7.9% on year, which sparked demand for the euro that came at the dollar's expense.
Elsewhere, revised data revealed that the final reading of the euro zone’s services purchasing managers’ index ticked down to 51.6 in October from 52.2 in September but was still higher than a preliminary estimate of 50.9.
GBP/USD nudged down 0.02% to 1.6078. On Wednesday, the Office for National Statistics said earlier that U.K. manufacturing production rose 1.2% in September, beating expectations for a 1.1% increase and also up 0.8% on a year-over-year basis, beating forecasts for a 0.7% annual gain.
The ONS said industrial production rose 0.9% in September, compared to expectations for a 0.5% increase and was 2.2% higher than in the same month last year.
USD/JPY lost 0.08% to 98.60. A Bloomberg report out Wednesday noted some market participants view Japanese small-caps as having "overheated" on the back of the yen’s plunge earlier this year.
Daiwa SB Investments said Japanese small-cap real estate and Internet names look unattractive, Bloomberg reported.
USD/CHF fell 0.06% to 0.9118 while USD/CAD inched up 0.03% to 1.0423 even as oil prices traded modestly higher.
AUD/USD dipped 0.56% to 0.9474 after the Australian Bureau of Statistics said the country’s unemployment remained at 5.7% last month, defying expectations for a rise to 5.8%. The number of people employed rose 11,639, well above the estimate of 7,500.
However, the Aussie tumbled because Australia lost nearly 28,000 full-time jobs. The number of part-time jobs rose by nearly 29,000.
NZD/USD lost 0.26% to 0.8358 while the U.S. Dollar Index was flat at 80.57.