Parent Interventions: 'Morning sickness' is misleading and inaccurate  |  Parent Interventions: Infant sleep problems can signal mental disorders in adolescents  |  Parent Interventions: Children's National Hospital's quality initiative changes at NICU  |  Parent Interventions: Child Feeding Guide helps mums   |  Leadership Instincts: Successful implementation of Digital India Programme  |  Education Information: UPSC Civil Services (Preliminary) 2020 Examination Notification  |  Policy Indications: ‘Accelerate Vigyan’ to strengthen scientific research mechanism  |  International Edu News: The University of Glasgow gets a £1m award from the Wolfson Foundation  |  Policy Indications: University of Glasgow signed an agreement with Rakuten Mobile  |  Education Information: WBS Executive MBA named best in the UK  |  Leadership Instincts: SETsquared Bristol named Hottest Accelerator in Europe  |  International Edu News: Earnings of students in further education affected by what they study  |  International Edu News: Earth’s nearest supergiant is cooling down at the end of its life  |  International Edu News: ME gene study to shed light on causes  |  International Edu News: Soft coral garden discovered in Greenland’s deep sea  |  
December 28, 2017 Thursday 03:51:18 PM IST

US dollar declines amid economic data

Finance

New York: The US dollar fell against most major currencies as investors were digesting the latest economic data. In late New York trading on Wednesday, the euro increased to $1.1897 from $1.1864 in the previous session, and the British pound increased to $1.3399 from $1.3379 in the previous session, Xinhua news agency reported. The Australian dollar rose to $0.7775 from $0.7728.

The dollar bought 113.25 Japanese yen, higher than 113.16 yen of the previous session. The US dollar lost to 0.9867 Swiss franc from 0.9893 Swiss franc, and it was down to 1.2643 Canadian dollars from 1.2697 Canadian dollars.

The Conference Board Consumer Confidence Index decreased in December, following a modest improvement in November. The Index now stands at 122.1, down from 128.6 in November.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 0.2 per cent to 109.5 in November from 109.3 in October, according to the National Association of Realtors on Wednesday.


With last month's modest increase, the index remains at its highest reading since June, and is now 0.8 percent above a year ago. The dollar index, which measures the greenback against six major peers, was down 0.25 per cent at 93.024 in late trading.

Comments