Investing.com – The U.S. dollar remained down against all of the other major currencies on Monday, following the release of better-than-expected U.S. data on existing home sales.
During European afternoon trade, the greenback was down against the euro, with EUR/USD up 0.23% to hit 1.3987. Earlier in the day, official data showed that the euro zone’s industrial new orders rose significantly more-than-expected in August.
The greenback was also down against the pound and the Swiss franc, with GBP/USD gaining 0.42% to hit 1.5747 and USD/CHF falling 0.65% to hit 0.9710. 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 tumbling 0.91% to hit 80.61. 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 0.63% to hit 1.0200, AUD/USD jumping 1.02% to hit 0.9928 and NZD/USD advancing 0.90% to hit 0.7534.
Earlier Monday, official data showed that Australian producer price inflation rose more-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 down 0.51%.
Also Monday, U.S. industry data showed that existing home sales rose more-than-expected in September, rising for the second consecutive month.
During European afternoon trade, the greenback was down against the euro, with EUR/USD up 0.23% to hit 1.3987. Earlier in the day, official data showed that the euro zone’s industrial new orders rose significantly more-than-expected in August.
The greenback was also down against the pound and the Swiss franc, with GBP/USD gaining 0.42% to hit 1.5747 and USD/CHF falling 0.65% to hit 0.9710. 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 tumbling 0.91% to hit 80.61. 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 0.63% to hit 1.0200, AUD/USD jumping 1.02% to hit 0.9928 and NZD/USD advancing 0.90% to hit 0.7534.
Earlier Monday, official data showed that Australian producer price inflation rose more-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 down 0.51%.
Also Monday, U.S. industry data showed that existing home sales rose more-than-expected in September, rising for the second consecutive month.