The U.S. dollar traded mixed against other major currencies on Tuesday as weak U.S. economic data kept the Federal Reserve's policy outlook uncertain.
On the economic front, U.S. personal income decreased less than 0.1 percent in June, below an expected 0.3 percent increase, according to the Commerce Department Tuesday.
In June, personal consumption expenditures (PCE) increased 8.1 billion dollars, or 0.1 percent.
Analysts said investors were becoming less certain that the Fed would raise interest rates again this year. Expectations for a rate hike in December stood at 52 percent on Tuesday, according to CME Group's FedWatch program.
The dollar index, which measures the greenback against six major peers, was up 0.10 percent at 92.956 in late trading.
In late New York trading, the euro fell to 1.1810 U.S. dollars from 1.1825 U.S. dollars, and the British pound climbed to 1.3218 U.S. dollars from 1.3193 U.S. dollars. The Australian dollar decreased to 0.7977 U.S. dollar from 0.7990 U.S. dollar.
The U.S. dollar bought 110.23 Japanese yen, lower than 110.37 yen of the previous session. The U.S. dollar fell to 0.9652 Swiss franc from 0.9663 Swiss franc, and it edged up to 1.2526 Canadian dollars from 1.2478 Canadian dollars.
On the economic front, U.S. personal income decreased less than 0.1 percent in June, below an expected 0.3 percent increase, according to the Commerce Department Tuesday.
In June, personal consumption expenditures (PCE) increased 8.1 billion dollars, or 0.1 percent.
Analysts said investors were becoming less certain that the Fed would raise interest rates again this year. Expectations for a rate hike in December stood at 52 percent on Tuesday, according to CME Group's FedWatch program.
The dollar index, which measures the greenback against six major peers, was up 0.10 percent at 92.956 in late trading.
In late New York trading, the euro fell to 1.1810 U.S. dollars from 1.1825 U.S. dollars, and the British pound climbed to 1.3218 U.S. dollars from 1.3193 U.S. dollars. The Australian dollar decreased to 0.7977 U.S. dollar from 0.7990 U.S. dollar.
The U.S. dollar bought 110.23 Japanese yen, lower than 110.37 yen of the previous session. The U.S. dollar fell to 0.9652 Swiss franc from 0.9663 Swiss franc, and it edged up to 1.2526 Canadian dollars from 1.2478 Canadian dollars.
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