U.S. dollar dips ahead of key economic data

0 Comment(s)Print E-mail Xinhua, September 13, 2022
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NEW YORK, Sept. 12 (Xinhua) -- The U.S. dollar weakened in late trading on Monday as market participants awaited a slew of economic highlights.

The dollar index, which measures the greenback against six major peers, fell 0.62 percent to 108.3300.

In late New York trading, the euro rose to 1.0120 U.S. dollars from 1.0045 dollars in the previous session, and the British pound rose to 1.1679 U.S. dollars from 1.1589 U.S. dollars in the previous session. The Australian dollar increased to 0.6881 U.S. dollars from 0.6842 dollars.

The U.S. dollar bought 142.74 Japanese yen, higher than 142.68 Japanese yen of the previous session. The U.S. dollar decreased to 0.9540 Swiss francs from 0.9607 Swiss francs, and it decreased to 1.2984 Canadian dollars from 1.3032 Canadian dollars.

Traders looked to this week's economic releases from the United States, including the August consumer price index on Tuesday, the producer price index on Wednesday, and retail sales on Thursday. Enditem

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