The U.S. dollar decreased against most major currencies on Wednesday as investors were digesting the latest economic data from the country.
The international trade deficit was 65.9 billion U.S. dollars in May, down 1.2 billion dollars from 67.1 billion dollars in April, said the U.S. Commerce Department on Wednesday.
Meanwhile, the pending home sales index from the National Association of Realtors, a forward-looking indicator based on contract signings, decreased 0.8 percent to 108.5 in May from a downwardly revised 109.4 in April, way below market expectations of a 0.5-percent gain.
The dollar index, which measures the greenback against six major peers, was down 0.39 percent at 96.016 in late trading.
In late New York trading, the euro rose to 1.1382 dollars from 1.1339 dollars, and the British pound climbed to 1.2936 dollars from 1.2800 U.S. dollars in the previous session. The Australian dollar added to 0.7638 U.S. dollar from 0.7592 U.S. dollar. The U.S. dollar bought 112.32 Japanese yen, higher than 112.15 yen of the previous session. The U.S. dollar fell to 0.9596 Swiss franc from 0.9601 Swiss franc, and it edged down to 1.3025 Canadian dollars from 1.3175 Canadian dollars.
Latest comments