Investing.com – The U.S. dollar was up against all of the other major currencies on Wednesday, ahead of the release of official U.S. data on durable goods orders and new home sales.
During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.35% to hit 1.3811. Earlier in the day, official data showed that euro zone M3 money supply fell unexpectedly in September.
The greenback was also up against the pound, with GBP/USD slipping 0.09% to hit 1.5827.
In addition, the greenback was up against the yen and the Swiss franc, with USD/JPY gaining 0.30% to hit 81.67 and USD/CHF rising 0.33% to hit 0.9876.
The greenback was also up against its Canadian, Australian and New Zealand counterparts, with USD/CAD climbing 0.55% to hit 1.0293, AUD/USD plunging 1.35% to hit 0.9721 and NZD/USD falling 0.34% to hit 0.7466.
Earlier in the day, official data showed that Australia’s CPI rose less-than-expected in the third quarter while a separate report showed that business confidence in New Zealand picked up in October.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.28%.
Late Tuesday, a report in the Wall Street Journal said that the Fed was likely to unveil a program of U.S. Treasury bond purchases worth a few hundred billion dollars over several months, contrary to market expectations of purchases in excess of USD 1 trillion.
During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.35% to hit 1.3811. Earlier in the day, official data showed that euro zone M3 money supply fell unexpectedly in September.
The greenback was also up against the pound, with GBP/USD slipping 0.09% to hit 1.5827.
In addition, the greenback was up against the yen and the Swiss franc, with USD/JPY gaining 0.30% to hit 81.67 and USD/CHF rising 0.33% to hit 0.9876.
The greenback was also up against its Canadian, Australian and New Zealand counterparts, with USD/CAD climbing 0.55% to hit 1.0293, AUD/USD plunging 1.35% to hit 0.9721 and NZD/USD falling 0.34% to hit 0.7466.
Earlier in the day, official data showed that Australia’s CPI rose less-than-expected in the third quarter while a separate report showed that business confidence in New Zealand picked up in October.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.28%.
Late Tuesday, a report in the Wall Street Journal said that the Fed was likely to unveil a program of U.S. Treasury bond purchases worth a few hundred billion dollars over several months, contrary to market expectations of purchases in excess of USD 1 trillion.