Investing.com – The U.S. dollar was mixed against other major currencies on Wednesday as traders awaited key data on the U.S. housing market, and amid persisting fears over the euro zone debt crisis.
The greenback was up against the euro, with EUR/USD sliding 0.06% to hit 1.2223, despite a report that some of the world's richest central banks will not stop investing in the embattled European currency.
Earlier Wednesday, Reuters quoted government sources as saying that even though both the euro zone and the United States face significant fiscal challenges, the liquidity of their currencies and the difficulty of shifting such large portfolios mean there are no alternatives to them in the near term.
Meanwhile, the greenback rose against the yen, with USD/JPY surging 1.11% to reach 91.93 after Japan's prime minister quit in a bid to boost his ruling party's chances in an election next month.
But the dollar fell versus sterling and the Swiss franc, with GBP/USD advancing 0.07% to hit 1.4659 and USD/CHF slipping 0.02% to hit 1.01566.
The greenback was also down against its Australian, Canadian and New Zealand counterparts: AUD/USD rose 0.27% to hit 0.8332, USD/CAD fell 0.014% to hit 1.0547 and NZD/USD rose 0.02% to reach 0.675.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.2%.
Later in the day, the National Association of Realtors, an industry group was due to release a report on U.S. pending home sales, a leading indicator of economic health.
The greenback was up against the euro, with EUR/USD sliding 0.06% to hit 1.2223, despite a report that some of the world's richest central banks will not stop investing in the embattled European currency.
Earlier Wednesday, Reuters quoted government sources as saying that even though both the euro zone and the United States face significant fiscal challenges, the liquidity of their currencies and the difficulty of shifting such large portfolios mean there are no alternatives to them in the near term.
Meanwhile, the greenback rose against the yen, with USD/JPY surging 1.11% to reach 91.93 after Japan's prime minister quit in a bid to boost his ruling party's chances in an election next month.
But the dollar fell versus sterling and the Swiss franc, with GBP/USD advancing 0.07% to hit 1.4659 and USD/CHF slipping 0.02% to hit 1.01566.
The greenback was also down against its Australian, Canadian and New Zealand counterparts: AUD/USD rose 0.27% to hit 0.8332, USD/CAD fell 0.014% to hit 1.0547 and NZD/USD rose 0.02% to reach 0.675.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.2%.
Later in the day, the National Association of Realtors, an industry group was due to release a report on U.S. pending home sales, a leading indicator of economic health.