
The US dollar decreased against most major currencies on Tuesday as investors were awaiting the closely-watched Federal Reserve statement due out later this week.
The Fed will announce its latest rate decision when it concludes a two-day meeting on Wednesday. The U.S. central bank is widely expected to leave interest rates unchanged after a mixed bag of economic data and recent volatility in financial markets.
On the U.S. economic front, new orders for manufactured durable goods in March increased 1.8 billion dollars or 0.8 percent to 230.7 billion dollars, missing market consensus of a 1.6-percent gain, reported the U.S. Labor Department Tuesday.
The dollar index, which measures the greenback against six major peers, was down 0.29 percent at 94.569 in late trading.
In late New York trading, the euro rose to 1.1289 dollars from 1.1268 dollars of the previous session, and the British pound climbed to 1.4579 dollars from 1.4483 dollars. The Australian dollar went down to 0.7740 dollars from 0.7709 dollars.
The dollar bought 111.33 Japanese yen, higher than 111.26 yen of the previous session. The dollar dropped to 0.9742 Swiss francs from 0.9752 Swiss francs, and it inched down to 1.2621 Canadian dollars from 1.2689 Canadian dollars.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor