U.S. dollar mixed on economic data

0 Comment(s)Print E-mail Xinhua, April 28, 2017
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The U.S. dollar traded mixed against other major currencies on Thursday as investors were digesting the latest economic data from the country.

On the economic front, U.S. new orders for manufactured durable goods in March increased 1.6 billion dollars, or 0.7 percent, to 238.7 billion dollars, the U.S. Census Bureau announced Thursday.

In a separate report, the bureau said the international trade deficit was 64.8 billion dollars in March, up 0.9 billion dollars from 63.9 billion dollars in February.

In the week ending April 22, the advance figure for seasonally adjusted initial claims was 257,000, an increase of 14,000 from the previous week's revised level, according to the country's Department of Labor.

The 4-week moving average was 242,250, a decrease of 500 from the previous week's revised average. The previous week's average was revised down by 250 from 243,000 to 242,750.

The dollar index, which measures the greenback against six major peers, was up 0.07 percent at 99.118 in late trading.

In late New York trading, the euro fell to 1.0880 dollars from 1.0890 dollars, and the British pound climbed to 1.2908 dollars from 1.2841 U.S. dollars in the previous session. The Australian dollar stayed flat at 0.7470 U.S. dollar.

The U.S. dollar bought 111.23 Japanese yen, lower than 111.45 yen of the previous session. The U.S. dollar decreased to 0.9939 Swiss franc from 0.9949 Swiss franc, and it edged up to 1.3623 Canadian dollars from 1.3609 Canadian dollars. Endit

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