!-- Javascript Ad Tag: 6454 -->

Wednesday, March 5, 2014

The dollar was mixed amid weak U.S. data .

The dollar was mixed amid weak U.S. data .


 The dollar was mixed against other major currencies on Wednesday (Thursday morning GMT ) , amid a gloomy U.S. economic data .

U.S. private sector employment increased by 139,000 jobs in February , according to the ADP National Employment Report released Wednesday , slightly down from the forecast of economists , Xinhua reported .

After private jobs report , investors waiting for the payroll ( payroll ) are closely watched for February will be released on Friday ( 7/3 ) by the U.S. Department of Labor .

In addition , U.S. economic activity in the non-manufacturing sector rose in February for the 49th month , the index registered 51.6 , lower than January's 54 , the Institute for Supply Management ( ISM ) said Wednesday .

The dollar continued to rise against the yen for the second day , due to reduced tensions over Ukraine after Russian and U.S. diplomats met to discuss issues on the political crisis in Ukraine .

Meanwhile, the greenback strengthened slightly against the euro before the monetary policy meeting of the European Central Bank ( ECB ) which is scheduled for Thursday.

In late New York trading , the euro fell to 1.3731 dollars from 1.3734 dollars in the previous session and the British pound rose to 1.6712 dollars from 1.6672 dollars . The Australian dollar rose to 0.8983 dollars from 0.8941 dollars .

The dollar bought 102.32 yen , from 102.26 yen higher in the previous session . The dollar rose to 0.8877 Swiss franc from 0.8875 Swiss franc and fell to 1.1037 Canadian dollar from 1.1111 Canadian dollar .

No comments:

Post a Comment