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U.S. dollar declines amid data

2019-11-27 07:26

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NEW YORK, Nov. 26 (Xinhua) -- The U.S. dollar declined in late trading on Tuesday as investors digested the latest economic data.

The Conference Board's consumer confidence index fell to 125.5 in November, marking a four-month losing streak, the think tank reported on Tuesday.

"Consumer confidence declined for a fourth consecutive month, driven by a softening in consumers' assessment of current business and employment conditions," said Lynn Franco, senior director of economic indicators at The Conference Board.

The dollar index, which measures the greenback against six major peers, fell 0.08 percent at 98.2531 in late trading.

In late New York trading, the euro was up to 1.1020 dollars from 1.1009 dollars in the previous session, and the British pound was down to 1.2866 dollars from 1.2900 U.S. dollars in the previous session. The Australian dollar was up to 0.6789 dollar from 0.6775 dollar.

The U.S. dollar bought 109.02 Japanese yen, higher than 108.96 Japanese yen of the previous session. The U.S. dollar fell to 0.9969 Swiss franc from 0.9971 Swiss franc, and it decreased to 1.3275 Canadian dollars from 1.3306 Canadian dollars.
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