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U.S. dollar trades mixed amid economic data

Source: Xinhua| 2018-07-25 04:52:25|Editor: huaxia
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NEW YORK, July 24 (Xinhua) -- The U.S. dollar index traded mixed against other major currencies in late trading on Tuesday, as investors digested a batch of economic data.

The seasonally adjusted IHS Markit Flash U.S. Composite PMI Output Index posted 55.9 in July, down slightly from 56.2 in June and the lowest reading for three months.

Nonetheless, the headline index remained well above the 50.0 no-change threshold and signalled another robust expansion of overall private sector output.

Meanwhile, U.S. house prices rose in May, up 0.2 percent from the previous month, missing market consensus of a 0.4-percent gain, according to the Federal Housing Finance Agency seasonally adjusted monthly House Price Index released on Tuesday.

The dollar index, which measures the greenback against six major peers, edged down 0.01 percent at 94.618 in late trading.

In late New York trading, the euro fell to 1.1683 dollars from 1.1691 dollars in the previous session, and the British pound was up to 1.3138 dollars from 1.3101 U.S. dollars in the previous session. The Australian dollar rose to 0.7415 dollar from 0.7378 dollar.

The U.S. dollar bought 111.22 Japanese yen, lower than 111.49 Japanese yen of the previous session. The U.S. dollar gained to 0.9941 Swiss franc from 0.9931 Swiss franc, and it dipped to 1.3160 Canadian dollars from 1.3174 Canadian dollars. Enditem

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