Investing.com – The U.S. dollar was mixed against its major counterparts on Monday, after U.S. leaders reached an agreement to raise the U.S. debt ceiling, bolstering risk appetite.
During European morning trade, the greenback was fractionally lower against the euro, with EUR/USD easing up 0.04% to hit 1.4399.
President Barack Obama and Senate leaders announced Sunday night that they had reached agreement on a framework deal that will cut spending and increase the USD14.3 trillion federal debt ceiling, in order to avert a U.S. default.
But the greenback was higher against the pound, with GBP/USD slipping 0.11% to hit 1.6406.
Earlier in the day, a report showed that manufacturing activity in the U.K. declined more-than-expected in July, falling to its lowest level since June 2009.
Meanwhile, the greenback posted gains against the yen and Swiss franc, with USD/JPY advancing 0.90% to hit 77.44 and USD/CHF climbing 0.78% to hit 0.7919.
Elsewhere, the greenback was lower against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.33% to hit 0.9523, AUD/USD rising 0.38% to hit 1.1035 and NZD/USD climbing 0.20% to hit 0.8809.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, inched up 0.02%.
Later in the day, the U.S. Institute of Supply Management was to publish data on manufacturing activity.
During European morning trade, the greenback was fractionally lower against the euro, with EUR/USD easing up 0.04% to hit 1.4399.
President Barack Obama and Senate leaders announced Sunday night that they had reached agreement on a framework deal that will cut spending and increase the USD14.3 trillion federal debt ceiling, in order to avert a U.S. default.
But the greenback was higher against the pound, with GBP/USD slipping 0.11% to hit 1.6406.
Earlier in the day, a report showed that manufacturing activity in the U.K. declined more-than-expected in July, falling to its lowest level since June 2009.
Meanwhile, the greenback posted gains against the yen and Swiss franc, with USD/JPY advancing 0.90% to hit 77.44 and USD/CHF climbing 0.78% to hit 0.7919.
Elsewhere, the greenback was lower against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.33% to hit 0.9523, AUD/USD rising 0.38% to hit 1.1035 and NZD/USD climbing 0.20% to hit 0.8809.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, inched up 0.02%.
Later in the day, the U.S. Institute of Supply Management was to publish data on manufacturing activity.