NEW YORK, Oct. 24 (Xinhua) — The U.S. dollar inched decrease in late buying and selling on Monday as market contributors digested a slew of financial information.
The dollar index, which measures the dollar in opposition to six main friends, fell 0.03 % to 111.9600.
In late New York buying and selling, the euro climbed to 0.9875 U.S. {dollars} from 0.9860 {dollars} within the earlier session, and the British pound was all the way down to 1.1282 U.S. {dollars} from 1.1302 {dollars} within the earlier session. The Australian dollar was all the way down to 0.6312 U.S. {dollars} from 0.6377 {dollars}.
The U.S. dollar purchased 148.82 Japanese yen, larger than 147.64 Japanese yen of the earlier session. The U.S. dollar rose to 1.0009 Swiss francs from 0.9976 Swiss francs, and it was as much as 1.3710 Canadian {dollars} from 1.3638 Canadian {dollars}.
The above market reactions got here after information confirmed personal sector corporations within the United States recorded an extra downturn in output initially of the fourth quarter, in accordance with a “flash” survey launched Monday by S&P Global.
The headline flash U.S. PMI (Purchasing Managers’ Index) composite output index registered 47.3 in October, down from 49.5 in September, confirmed the survey. Readings above 50 signify enlargement, whereas readings beneath that point out contraction.