BCN-38 U.S. dollar trades mixed amid economic data

224

ZCZC

BCN-38

US-DOLLAR-FOREX

U.S. dollar trades mixed amid economic data

NEW YORK, Aug. 29, 2018 (BSS/Xinhua) – The U.S. dollar traded mixed against other major currencies in late trading on Tuesday, as investors digested a batch of
economic data.

U.S. consumer confidence in August rose to its highest level since October
2000, with the Conference Board Consumer Confidence Index standing at 133.4,
up from 127.9 in July.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index,
covering all nine U.S. Census divisions, reported a 6.2 percent annual gain
in June, down from 6.4 percent in the previous month.

Meanwhile, the U.S. international trade deficit in goods came in at 72.2
billion U.S. dollars in July, up 4.3 billion dollars from the June reading
and exceeding market estimates, the Commerce Department reported Tuesday.

The dollar index, which measures the greenback against six major peers,
was down 0.07 percent at 94.7128 in late trading.

In late New York trading, the euro was up to 1.1696 dollars from 1.1679
dollars in the previous session, and the British pound was down to 1.2867
dollars from 1.2893 dollars in the previous session. The Australian dollar
fell to 0.7335 dollar from 0.7346 dollar.

The U.S. dollar bought 111.21 Japanese yen, higher than 111.10 Japanese
yen of the previous session. The U.S. dollar dipped to 0.9766 Swiss franc
from 0.9796 Swiss franc, and it decreased to 1.2931 Canadian dollars from
1.2964 Canadian dollars.

BSS/XINHUA/HR/1305