BCN-18 U.S. dollar little changed amid various data

240

ZCZC

BCN-18

US-FOREX

U.S. dollar little changed amid various data

NEW YORK, Dec. 20, 2019 (BSS/Xinhua) – The U.S. dollar was roughly flat on
Thursday as market participants digested a slew of data.

U.S. leading economic index (LEI) was unchanged at 111.6 in November,
following a 0.2 percent decline in both October and September, the New York-
based Conference Board reported on Thursday. The LEI is a weighted gauge of
10 indicators designed to signal peaks and troughs in the business cycle.

In the week ending Dec. 14, U.S. initial jobless claims, a rough way to
measure layoffs, came in at 234,000, a decrease of 18,000 from the previous
week’s unrevised level, the Department of Labor said Thursday.

Traders were also awaiting the U.S. gross domestic product data which are
scheduled on Friday.

The dollar index, which measures the greenback against six major peers,
was down 0.02 percent at 97.3816 in late trading.

In late New York trading, the euro rose to 1.1124 dollars from 1.1115
dollars in the previous session, and the British pound decreased to 1.3014
dollars from 1.3083 U.S. dollars in the previous session. The Australian
dollar rose to 0.6885 dollar from 0.6850 dollar.

The U.S. dollar bought 109.28 Japanese yen, lower than 109.58 Japanese yen
of the previous session. The U.S. dollar fell to 0.9776 Swiss franc from
0.9802 Swiss franc, and it increased to 1.3118 Canadian dollars from 1.3110
Canadian dollars.

BSS/XINHUA/HR/1420