Finance: Premium payment period extended upto 30th April 2020  |  National Edu News: Doordarshan set to bring back Golden Era of television  |  Technology Inceptions: Startup in Scitech Park to disinfect Maharashtra hospitals in Covid 19 fight  |  Policy Indications: Lessons from the Spanish flu: Early restrictions lowered disease, mortality rate  |  Science Innovations: Scientists predict the size of plastics animals can eat  |  Health Monitor: COVID-19: Heart and kidney patients should keep taking their medicines  |  International Edu News: Some COVID-19 patients still have coronavirus after symptoms disappear  |  Leadership Instincts: CRG standardizes COVID-19 data analysis to aid international research efforts  |  Science Innovations: Astronaut urine to build moon bases  |  Best Practices: Team Trifed Van Dhan India shows the way ‘Work From Home’  |  National Edu News: MSDE readies all NSTIs to be used as quarantine centres for COVID-19  |  Education Information: National Book Trust, India of MHRD to launch ‘Corona Studies Series’ books  |  Management lessons: Business Immunity Platform helps businesses get real-time updates on COVID-19  |  Teacher Insights: Access to SWAYAM and other digital initiatives goes up  |  Policy Indications: Major relief measures for power sector  |  
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