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US dollar wavers amid mixed data

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IANS New York

The US dollar fluctuated against most major currencies as US economic data came in mixed.

In late New York trading on Tuesday, the euro gained to $1.1258 from $1.1234 of the previous session, and the British pound decreased to $1.5162 from $1.5178.

The Australian dollar went down to $0.6981 from $0.6990.

The dollar bought 119.63 Japanese yen, lower than 119.81 yen of the previous session. The dollar moved down to 0.9710 Swiss francs from 0.9747 Swiss francs, and it moved up to 1.3426 Canadian dollars from 1.3386 Canadian dollars.

On the US economic front, the Consumer Confidence Index stands at 103.0 for September, well above market consensus of 96.0, according to the New York-based research group Conference Board.

 

The S&P/Case-Shiller's 20-City Index decreased 0.2 percent month-over-month in July, missing market expectations of a 0. 1-percent gain.

The uncertainties about the timing of interest rate hike still weighed on investors sentiment.

New York Federal Reserve president William Dudley on Monday said the Fed remains on track for a likely rate hike this year.

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First Published: Sep 30 2015 | 8:12 AM IST

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