The dollar fell against most of its rivals Monday after weaker-than-expected data on the U.S. housing and manufacturing sectors, as investors shifted their focus to monetary policy moves by central banks.
The euro EURUSD, +0.0181% rose to $1.1047 in late Monday trade, up from $1.1020 late Friday, after trading as low as $1.0989, its lowest since Aug. 11. The shared currency held to higher ground Monday after the monthly Ifo survey showed sentiment among German business managers deteriorated by less than expected in October.
The U.S. currency USDJPY, -0.42% changed hands at 121.01 yen, after reaching as high as ¥121.60 earlier in the session, its highest since Aug. 31. That compared with ¥121.45 late Friday in New York.
The WSJ Dollar Index BUXX, -0.06% a measure of the dollar against a basket of major currencies, was 0.2% lower at 88.46, down from 88.65 on Friday. The ICE U.S. Dollar index DXY, -0.28% a measure of the dollar’s strength against a basket of six rivals, lost 0.2% at 96.83, down from 97.09 on Friday.
In other currency pairs, the euro EURJPY, -0.40% was at ¥133.72 from ¥133.77.
The pound GBPUSD, -0.0065% bought $1.5351, up from $1.5314 late Friday in New York. Investors on Tuesday will look for the first reading of U.K. gross domestic product for the third quarter.
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The euro EURUSD, +0.0181% rose to $1.1047 in late Monday trade, up from $1.1020 late Friday, after trading as low as $1.0989, its lowest since Aug. 11. The shared currency held to higher ground Monday after the monthly Ifo survey showed sentiment among German business managers deteriorated by less than expected in October.
The U.S. currency USDJPY, -0.42% changed hands at 121.01 yen, after reaching as high as ¥121.60 earlier in the session, its highest since Aug. 31. That compared with ¥121.45 late Friday in New York.
The WSJ Dollar Index BUXX, -0.06% a measure of the dollar against a basket of major currencies, was 0.2% lower at 88.46, down from 88.65 on Friday. The ICE U.S. Dollar index DXY, -0.28% a measure of the dollar’s strength against a basket of six rivals, lost 0.2% at 96.83, down from 97.09 on Friday.
In other currency pairs, the euro EURJPY, -0.40% was at ¥133.72 from ¥133.77.
The pound GBPUSD, -0.0065% bought $1.5351, up from $1.5314 late Friday in New York. Investors on Tuesday will look for the first reading of U.K. gross domestic product for the third quarter.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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