Investing.com – The U.S. dollar was mixed against its major counterparts on Tuesday, after the release of better-than-expected U.S. data on retail sales and producer price inflation and ahead of the Federal Reserves December rate statement.
During European late afternoon trade, the greenback was up against the euro, with EUR/USD slipping 0.09% to hit 1.3376.
Earlier Tuesday, the ZEW Centre for Economic Research said that its index of German economic sentiment rose in December, while separate data showed that industrial production in the euro zone rose less-than-expected in October.
The greenback was also up against the pound with GBP/USD tumbling 0.64% to hit 1.5759. Earlier in the day, official data showed that U.K. consumer-price inflation unexpectedly accelerated in November.
Elsewhere, the greenback was up against the yen but down against the Swiss franc, with USD/JPY easing up 0.19% to hit 83.53 and USD/CHF shedding 0.53% to hit 0.9626.
Earlier Tuesday, official data showed that Japanese industrial production fell 2.0% in October from September, revised down from a preliminary 1.8% drop, marking the fifth straight monthly decline.
Also Tuesday, Switzerland’s State Secretariat for Economic Affairs revised up its economic growth forecast, saying the economy should grow by 2.7% this year.
Meanwhile, the greenback was up against its Canadian counterpart but down against its Australian and New Zealand counterparts, with USD/CAD rising 0.28% to hit 1.0100, AUD/USD up 0.08% to hit 0.9969 and NZD/USD gaining 0.26% to hit 0.7531.
Earlier Tuesday, official data showed that an index of leading Canadian economic indicators rose less-than-expected in November, while a separate report showed that Canadian labor productivity rose less-than-expected in the third quarter.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.09%.
Earlier in the day, official data showed that U.S. retail sales climbed more-than-expected in November while PPI rose more rapidly than expected last month.
During European late afternoon trade, the greenback was up against the euro, with EUR/USD slipping 0.09% to hit 1.3376.
Earlier Tuesday, the ZEW Centre for Economic Research said that its index of German economic sentiment rose in December, while separate data showed that industrial production in the euro zone rose less-than-expected in October.
The greenback was also up against the pound with GBP/USD tumbling 0.64% to hit 1.5759. Earlier in the day, official data showed that U.K. consumer-price inflation unexpectedly accelerated in November.
Elsewhere, the greenback was up against the yen but down against the Swiss franc, with USD/JPY easing up 0.19% to hit 83.53 and USD/CHF shedding 0.53% to hit 0.9626.
Earlier Tuesday, official data showed that Japanese industrial production fell 2.0% in October from September, revised down from a preliminary 1.8% drop, marking the fifth straight monthly decline.
Also Tuesday, Switzerland’s State Secretariat for Economic Affairs revised up its economic growth forecast, saying the economy should grow by 2.7% this year.
Meanwhile, the greenback was up against its Canadian counterpart but down against its Australian and New Zealand counterparts, with USD/CAD rising 0.28% to hit 1.0100, AUD/USD up 0.08% to hit 0.9969 and NZD/USD gaining 0.26% to hit 0.7531.
Earlier Tuesday, official data showed that an index of leading Canadian economic indicators rose less-than-expected in November, while a separate report showed that Canadian labor productivity rose less-than-expected in the third quarter.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.09%.
Earlier in the day, official data showed that U.S. retail sales climbed more-than-expected in November while PPI rose more rapidly than expected last month.