Investing.com - The U.S. dollar traded higher against most of its major rivals during Friday’s Asian session following a spate of global data points.
In Asian trading Friday, EUR/USD fell 0.05% to 1.3795 after a preliminary reading of the euro zone’s manufacturing purchasing managers’ index ticked up to 51.3 in October from a final reading of 51.1 in September, below expectations for a reading of 51.4.
The euro zone services PMI fell to 50.9 this month from 52.2 in September, defying expectations for a 52.4 reading.
Germany’s manufacturing PMI edged up to 51.5 from a final reading of 51.1 in September, in line with expectations, but the country's services PMI declined to a three-month low of 52.3, missing market calls for a 53.9 reading. Germany is the euro zone’s largest economy.
USD/JPY inched down 0.02% to 97.27 after Japan’s Statistics Bureau said the country’s consumer price inflation fell to 0.7% last month from 0.8% in August. Analysts expected the 0.7% reading.
In a separate report, the Statistics Bureau said Tokyo’s core CPI, which excludes fresh food costs rose to 0.3% last month from 0.2% in August. Analysts expected a reading of 0.3%.
The Bank of Japan said Japan’s corporate services price index was 0.7% last month after August’s reading was revised up to 0.7% from 0.6%. Analysts expected a September reading of 0.8%.
GBP/USD nudged down 0.04% to 1.6196 while USD/CHF inched down 0.02% to 0.8923. USD/CAD was flat at 1.0420.
In U.S. economic news out Thursday, the Department of Labor reported earlier that the number of individuals filing for initial jobless benefits declined by 12,000 to a seasonally adjusted 350,000. Analysts had expected U.S. jobless claims to fall by 22,000 to 340,000 last week.
A separate report showed that the U.S. trade deficit widened 0.4% to a seasonally adjusted USD38.8 billion in August from a deficit of USD38.6 billion in July. Economists had forecast a deficit of USD39.5 billion.
AUD/USD fell 0.27% to 0.9597 while NZD/UDS gave up 0.50% to 0.8314. The U.S. Dollar Index inched up 0.03% to 79.27.
In Asian trading Friday, EUR/USD fell 0.05% to 1.3795 after a preliminary reading of the euro zone’s manufacturing purchasing managers’ index ticked up to 51.3 in October from a final reading of 51.1 in September, below expectations for a reading of 51.4.
The euro zone services PMI fell to 50.9 this month from 52.2 in September, defying expectations for a 52.4 reading.
Germany’s manufacturing PMI edged up to 51.5 from a final reading of 51.1 in September, in line with expectations, but the country's services PMI declined to a three-month low of 52.3, missing market calls for a 53.9 reading. Germany is the euro zone’s largest economy.
USD/JPY inched down 0.02% to 97.27 after Japan’s Statistics Bureau said the country’s consumer price inflation fell to 0.7% last month from 0.8% in August. Analysts expected the 0.7% reading.
In a separate report, the Statistics Bureau said Tokyo’s core CPI, which excludes fresh food costs rose to 0.3% last month from 0.2% in August. Analysts expected a reading of 0.3%.
The Bank of Japan said Japan’s corporate services price index was 0.7% last month after August’s reading was revised up to 0.7% from 0.6%. Analysts expected a September reading of 0.8%.
GBP/USD nudged down 0.04% to 1.6196 while USD/CHF inched down 0.02% to 0.8923. USD/CAD was flat at 1.0420.
In U.S. economic news out Thursday, the Department of Labor reported earlier that the number of individuals filing for initial jobless benefits declined by 12,000 to a seasonally adjusted 350,000. Analysts had expected U.S. jobless claims to fall by 22,000 to 340,000 last week.
A separate report showed that the U.S. trade deficit widened 0.4% to a seasonally adjusted USD38.8 billion in August from a deficit of USD38.6 billion in July. Economists had forecast a deficit of USD39.5 billion.
AUD/USD fell 0.27% to 0.9597 while NZD/UDS gave up 0.50% to 0.8314. The U.S. Dollar Index inched up 0.03% to 79.27.