U.S. dollar weakened against the euro

U.S. dollar weakened against the euro


U.S. dollar weakened slightly against the euro on Wednesday (Thursday morning GMT ) , after U.S. economic data and reports vary slightly Federal Reserve providing news about this .

The euro rose to 1.3591 U.S. dollars at around 22:00 GMT ( 05:00 BST ) from 1.3589 dollars at the same time , on Tuesday ( 3/12 ) .

U.S. dollar slipped against the Japanese yen , bought 102.32 yen compared to 102.48 yen the previous day . The euro fell to 139.06 yen from 139.27 yen .

The dollar traded higher earlier after the company payroll ( payrolls ) ADP reported private-sector hiring surged in November the United States , with a net creation of 215,000 new jobs create .

This is the strongest month so far this year and well above analysts' expectations .

Other U.S. data also came in better than anticipated , including a sharp rise in new home sales and foreign trade deficit shrinks , helping offset slowing growth in the services sector reported the Institute for Supply Management ( ISM ) .

Traders took calmly laporanBeige Book Federal Reserve that shows both the general economic picture in recent weeks .

" This report tells us nothing we do not already know , the economy continues to expand moderately despite existing fiscal and other problems , " said Erik Johnson , senior U.S. economist , at IHS Global Insight .

U.S. data was largely positive and the Beige Book reinforces the market's focus on the Fed's monetary policy meeting , 17 to 18 December , as traders speculated about when the central bank will begin to reduce its asset purchase program 85 billion U.S. dollars per month .

" We still anticipate the Fed will decide early reduction of asset purchases at the December meeting and instead chose to begin reducing the stimulus in March , " said Johnson .

The dollar fell to 0.9024 Swiss francs from 0.9041 francs late Tuesday . But greenbackmenguat against the British pound , which fell to 1.6381 dollars from 1.6390 dollars .