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​U.S. dollar rises amid economic data

NEW YORK
2018-06-27 08:52

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The U.S. dollar index increased against other major currencies in late trading on Tuesday, as investors digested a batch of economic data.

U.S. home prices continued their rise in April with the growth slightly down from previous readings, according to a report released by S&P Dow Jones Indices.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.4-percent annual gain in April, down from 6.5 percent in the previous month.

Meanwhile, U.S. consumer confidence index decreased in June, following an increase in May, the New York-based Conference Board reported on Tuesday.

The index stood at 126.4 on Tuesday, down from 128.8 in May. The present situation index was relatively flat, 161.1 in June versus 161.2 last month, while the expectations index declined from 107.2 in May to 103.2 in June.

The dollar index, which measures the greenback against six major peers, was up 0.40 percent at 94.665 in late trading.

In late New York trading, the euro decreased to 1.1647 U.S. dollars from 1.1703 dollars in the previous session, and the British pound fell to 1.3227 dollars from 1.3282 dollars in the previous session. The Australian dollar dipped to 0.7391 dollar from 0.7404 dollar.

The U.S. dollar bought 110.08 Japanese yen, higher than 109.45 Japanese yen of the previous session. The U.S. dollar rose to 0.9912 Swiss franc from 0.9857 Swiss franc, and it climbed to 1.3308 Canadian dollars from 1.3307 Canadian dollars. Enditem
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