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U.S. dollar declines amid data

2019-06-12 05:10

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NEW YORK, June 11 (Xinhua) -- The U.S. dollar edged down in late trading on Tuesday as investors digested the latest U.S. economic data.

The seasonally adjusted producer price index for final demand edged up 0.1 percent in May, the Department of Labor said on Tuesday. Final demand prices advanced 0.2 percent in April and 0.6 percent in March.

In May, the rise in final demand prices is attributable to a 0.3-percent increase in the index for final demand services. In contrast, prices for final demand goods declined 0.2 percent, according to the report.

The dollar index, which measures the greenback against six major peers, decreased 0.08 percent at 96.6842 in late trading.

In late New York trading, the euro increased to 1.1332 U.S. dollars from 1.1315 dollars in the previous session, and the British pound rose to 1.2722 dollars from 1.2689 dollars in the previous session. The Australian dollar increased to 0.6959 dollar from 0.6957 dollar.

The U.S. dollar bought 108.49 Japanese yen, higher than 108.42 Japanese yen of the previous session. The U.S. dollar increased to 0.9918 Swiss franc from 0.9895 Swiss franc, and it was up to 1.3286 Canadian dollars from 1.3270 Canadian dollars. Enditem

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