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US dollar falls in economic data

New York, June 30 (Xinhua)-The US dollar fell late Thursday as market participants analyzed a large amount of economic data.

The dollar index, which measures greenbacks for the six major peers, fell 0.40 percent to 104.6860.

In the second half of New York trading, the euro rose from $ 1.0444 in the previous session to $ 1.0483 and the pound sterling rose from $ 1.2119 in the previous session to $ 1.2182. The Australian dollar rose from $ 0.6875 to $ 0.6907.

The US dollar bought 135.55 yen, which is lower than 136.54 yen in the previous session. The US dollar fell from CHF 0.9552 to CHF 0.9535 and from CAD 1.2895 to CAD 1.2871.

On the economic front, inflation in US consumer spending (PCE) rose 0.6% in May, up 6.3% year-on-year, the Commerce Department reported Thursday.

The report shows that the core PCE price index, excluding food and energy, rose 0.3%, up 4.7% year-on-year.

Meanwhile, the Ministry of Labor registered 231,000 in the week up to June 25, following the upwardly revised reading of 233,000 last week, the US’s first unemployed claim, which is a rough way to measure layoffs. He said he did. Economists surveyed by The Wall Street Journal estimated that there would be a total of 230,000 new claims.

US dollar falls in economic data

Source link US dollar falls in economic data

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