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U.S. dollar mixed ahead of job data

NEW YORK
2016-01-07 04:59

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The U.S. dollar was traded mixed against most major currencies Wednesday before the non-farm payrolls report due Friday.

On the economic front, U.S. private sector employment increased by 257,000 jobs in December from November, according to the ADP National Employment Report Wednesday. The ADP figure is watched closely as a pre-indicator for the non-farm payrolls report due Friday.

Traders were looking to the key December employment data, the first jobs report since the U.S. Federal Reserve's mid-December decision to raise its interest rates. The dollar index, which measures the greenback against six major peers,was down 0.19 percent at 99.181 in late trading.

In late New York trading, the euro gained to 1.0793 U.S. dollars from 1.0751 dollars of the previous session, and the British pound decreased to 1.4630 U.S. dollars from 1.4671 dollars. The Australian dollar went down to 0.7059 U.S. dollar from 0.7163 dollar.

The U.S. dollar bought 118.43 Japanese yen, lower than 119.04 yen of the previous session. The dollar moved down to 1.0064 Swiss francs from 1.0089 Swiss francs but moved up to 1.4096 Canadian dollars from 1.3990 Canadian dollars.

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