Investing.com – The U.S. dollar was up against most of the other major currencies on Tuesday, following the release of a flurry of mixed U.S. data on house prices, consumer confidence and manufacturing.
During European late afternoon trade, the greenback was up against the euro, with EUR/USD plunging 0.71% to hit 1.3935. Earlier in the day, data showed that Germany’s Gfk consumer climate outlook for November remained unchanged at 4.9, after rising for in the four preceding months.
The greenback was also up against the Swiss franc and the yen with USD/CHF soaring 1.25% to hit 0.9831 and USD/JPY rising 0.63% to hit 81.33 after Japan’s Finance Minister Yoshihiko Noda said that the country would “act decisively if needed” to stem the yen's gains.
The greenback was also up against its Canadian, Australian and New Zealand counterparts, with USD/CAD climbing 0.27% to hit 1.0227, AUD/USD shedding 0.48% to hit 0.9857 and NZD/USD falling 0.39% to hit 0.7492.
But the greenback was down against the pound, with GBP/USD soaring 0.90% to hit 1.5862 after official data showed that U.K. GDP rose significantly 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 up 0.55%.
Earlier in the day, U.S. data showed that the S&P/Case-Shiller home price index rose less-than-expected in August. Meanwhile, separate data showed that both the U.S. CB consumer confidence index and the Richmond Manufacturing Index rose more-than-expected in October.
During European late afternoon trade, the greenback was up against the euro, with EUR/USD plunging 0.71% to hit 1.3935. Earlier in the day, data showed that Germany’s Gfk consumer climate outlook for November remained unchanged at 4.9, after rising for in the four preceding months.
The greenback was also up against the Swiss franc and the yen with USD/CHF soaring 1.25% to hit 0.9831 and USD/JPY rising 0.63% to hit 81.33 after Japan’s Finance Minister Yoshihiko Noda said that the country would “act decisively if needed” to stem the yen's gains.
The greenback was also up against its Canadian, Australian and New Zealand counterparts, with USD/CAD climbing 0.27% to hit 1.0227, AUD/USD shedding 0.48% to hit 0.9857 and NZD/USD falling 0.39% to hit 0.7492.
But the greenback was down against the pound, with GBP/USD soaring 0.90% to hit 1.5862 after official data showed that U.K. GDP rose significantly 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 up 0.55%.
Earlier in the day, U.S. data showed that the S&P/Case-Shiller home price index rose less-than-expected in August. Meanwhile, separate data showed that both the U.S. CB consumer confidence index and the Richmond Manufacturing Index rose more-than-expected in October.