Investing.com – The U.S. dollar was mixed against its major counterparts on Wednesday, ahead of the release of key U.S. data on initial jobless claims and its trade balance.
During European morning trade, the greenback was down against the euro, with EUR/USD easing up 0.05% to hit 1.3781, ahead of a key Portuguese bond auction.
The greenback was also down against the pound, with GBP/USD gaining 0.71% to hit 1.6098. Earlier in the day, the Bank of England said in its quarterly inflation report that the chances of inflation being above or below the Bank of England Monetary Policy Committee's 2.0% target are "roughly equal".
But the dollar was up against the yen and Swiss franc, with USD/JPY gaining 0.56% to hit 82.16 and USD/CHF rising 0.49% to hit 0.9728.
Earlier in the day, official data showed that consumer confidence in Japan fell for the fourth consecutive month in October.
Elsewhere the greenback was down against its Canadian and New Zealand counterparts, with USD/CAD shedding 0.51% to hit 1.0030 and NZD/USD gaining 0.31% to hit 0.7801.
Meanwhile, the U.S. dollar was up against its Australian counterpart, with AUD/USD falling 0.16% to hit 1.0018.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.06%.
Later in the day, the U.S. was to release its weekly report on initial jobless claims. The data was being released one day earlier than usual due to a U.S. public holiday. The country was also due to publish data on its trade balance and import prices.
During European morning trade, the greenback was down against the euro, with EUR/USD easing up 0.05% to hit 1.3781, ahead of a key Portuguese bond auction.
The greenback was also down against the pound, with GBP/USD gaining 0.71% to hit 1.6098. Earlier in the day, the Bank of England said in its quarterly inflation report that the chances of inflation being above or below the Bank of England Monetary Policy Committee's 2.0% target are "roughly equal".
But the dollar was up against the yen and Swiss franc, with USD/JPY gaining 0.56% to hit 82.16 and USD/CHF rising 0.49% to hit 0.9728.
Earlier in the day, official data showed that consumer confidence in Japan fell for the fourth consecutive month in October.
Elsewhere the greenback was down against its Canadian and New Zealand counterparts, with USD/CAD shedding 0.51% to hit 1.0030 and NZD/USD gaining 0.31% to hit 0.7801.
Meanwhile, the U.S. dollar was up against its Australian counterpart, with AUD/USD falling 0.16% to hit 1.0018.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.06%.
Later in the day, the U.S. was to release its weekly report on initial jobless claims. The data was being released one day earlier than usual due to a U.S. public holiday. The country was also due to publish data on its trade balance and import prices.