Investing.com – The U.S. dollar was mixed against the other major currencies on Wednesday, following Japan's intervention in currency markets to curb the yen's recent sharp gains and after a raft of mixed U.S. economic data.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.07% to hit 1.3008.
Earlier in the day, official data showed that the annualized rate of consumer price inflation in the euro zone declined in line with expectations in August.
The greenback was also down against the pound, with GBP/USD gaining 0.63% to hit 1.5635.
Earlier Wednesday, official data showed that U.K. jobless claims increased more-than-expected in August, rising for the first time in 7 months.
But the U.S. dollar was up against the yen and Swiss franc, with USD/JPY soaring 3.11% to hit 85.62 and USD/CHF advancing 0.73% to hit 1.0035.
Earlier in the day, Japan’s Finance Minister said that Japan would continue to "closely monitor" foreign exchange movements and pledged further "determined steps, when necessary".
Meanwhile, the greenback was up against its Australian, New Zealand and Canadian counterparts, as AUD/USD shed 0.01% to hit 0.9395, NZD/USD fell 0.08% to hit 0.7336, while USD/CAD gained 0.02% to hit 1.0278.
Also Wednesday, official data showed that manufacturing sales in Canada fell more-than-expected in July.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.28%.
Earlier Wednesday, official data showed that U.S. industrial production fell more-than-expected in August while the capacity utilization rate fell unexpectedly in August.
Meanwhile, separate data showed that an index of manufacturing conditions in New York State fell more-than-expected in September, while import prices increased more-than-expected in August, rising for a second consecutive month.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.07% to hit 1.3008.
Earlier in the day, official data showed that the annualized rate of consumer price inflation in the euro zone declined in line with expectations in August.
The greenback was also down against the pound, with GBP/USD gaining 0.63% to hit 1.5635.
Earlier Wednesday, official data showed that U.K. jobless claims increased more-than-expected in August, rising for the first time in 7 months.
But the U.S. dollar was up against the yen and Swiss franc, with USD/JPY soaring 3.11% to hit 85.62 and USD/CHF advancing 0.73% to hit 1.0035.
Earlier in the day, Japan’s Finance Minister said that Japan would continue to "closely monitor" foreign exchange movements and pledged further "determined steps, when necessary".
Meanwhile, the greenback was up against its Australian, New Zealand and Canadian counterparts, as AUD/USD shed 0.01% to hit 0.9395, NZD/USD fell 0.08% to hit 0.7336, while USD/CAD gained 0.02% to hit 1.0278.
Also Wednesday, official data showed that manufacturing sales in Canada fell more-than-expected in July.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.28%.
Earlier Wednesday, official data showed that U.S. industrial production fell more-than-expected in August while the capacity utilization rate fell unexpectedly in August.
Meanwhile, separate data showed that an index of manufacturing conditions in New York State fell more-than-expected in September, while import prices increased more-than-expected in August, rising for a second consecutive month.