U.S. dollar rises amid data
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E-mail Xinhua, January 29, 2020
NEW YORK, Jan. 28 (Xinhua) -- The U.S. dollar rose in late trading on Tuesday as investors digested the latest key economic data.
U.S. consumer confidence index stood at 131.6 in January, up from 128.2 in December, driven by a more positive assessment of the current job market and increased optimism about future job prospects, the New York-based Conference Board said on Tuesday.
Orders for long-lasting or durable goods in the United States increased 2.4 percent in December, driven by a sharp rise in defense spending, the Commerce Department reported Tuesday. Economists surveyed by MarketWatch had forecast a 0.3-percent decline in orders for durable goods.
The dollar index, which measures the greenback against six major peers, rose 0.06 percent at 98.0169 in late trading.
In late New York trading, the euro rose to 1.1017 dollars from 1.1016 dollars in the previous session, and the British pound was down to 1.3007 dollars from 1.3048 U.S. dollars in the previous session. The Australian dollar fell to 0.6751 dollar from 0.6757 dollar.
The U.S. dollar bought 109.14 Japanese yen, higher than 108.92 Japanese yen of the previous session. The U.S. dollar was up to 0.9731 Swiss franc from 0.9696 Swiss franc, and it was down to 1.3169 Canadian dollars from 1.3182 Canadian dollars. Enditem
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