BCN-37 U.S. dollar index falls amid economic data

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ZCZC

BCN-37

US-FOREX

U.S. dollar index falls amid economic data

NEW YORK, Sept. 26, 2018 (BSS/Xinhua) – The U.S. dollar index decreased in late
trading on Tuesday as investors digested a batch of economic data.

Home prices rose 6 percent annually in July, slower than that of June,
according to the S&P Case-Shiller national index on Tuesday.

The 20-city index rose 5.9 percent annually, down from 6.4 percent in June.
The 10-city index rose 5.5 percent annually, down from 6.0 percent in the
previous month.

The Conference Board Consumer Confidence Index increased to 138.4 in
September, up from 134.7 in August.

Investors also kept a close eye on the Federal Reserve’s two-day policy
meeting, as the central bank is widely expected to raise interest rates after
the conclusion of the meeting on Wednesday.

The dollar index, which measures the greenback against six major peers,
decreased 0.06 percent at 94.1330 in late trading.

In late New York trading, the euro rose to 1.1767 dollars from 1.1758
dollars in the previous session, and the British pound was up to 1.3186
dollars from 1.3118 U.S. dollars in the previous session. The Australian
dollar decreased to 0.7249 dollar from 0.7256 dollar.

The U.S. dollar bought 112.93 Japanese yen, higher than 112.71 Japanese yen
of the previous session. The U.S. dollar increased to 0.9649 Swiss franc from
0.9632 Swiss franc, and it climbed to 1.2950 Canadian dollars from 1.2940
Canadian dollars.

BSS/XINHUA/HR/1215