U.S. dollar stays nearly flat

NEW YORK, Aug. 7 (Xinhua) -- The U.S. dollar stayed nearly flat on Monday, as investors were waiting for the U.S. inflation data this week.

The dollar index, which measures the greenback against six major peers, rose 0.03 percent to 102.0423 in late trading.

The U.S. consumer credit increased at a seasonally adjusted annual rate of 4 percent during the second quarter, the Federal Reserve said on Monday.

Revolving credit grew at an annual rate of 7.1 percent, while non-revolving credit expanded at an annual rate of 3 percent. In June, consumer credit increased at an annual rate of 4.3 percent.

Meanwhile, the Investor Movement Index (IMX) edged to 5.53 in July, up slightly from 5.46 in June, TD Ameritrade reported on Monday.

The IMX is TD Ameritrade's proprietary, behavior-based index, aggregating Main Street investor positions and activity in the markets.

German industrial production dropped 1.5 percent in June compared with the previous month, the German federal statistics office said on Monday, underlining the challenges faced by manufacturing amid a downturn in Europe's largest economy.

In late New York trading, the euro fell to 1.1007 U.S. dollars from 1.1009 dollars in the previous session, and the British pound rose to 1.2784 U.S. dollars from 1.2754 dollars.

The U.S. dollar bought 142.4180 Japanese yen, higher than 141.86 Japanese yen of the previous session. The U.S. dollar rose to 0.8730 Swiss francs from 0.8727 Swiss francs, and it fell to 1.3364 Canadian dollars from 1.3379 Canadian dollars. The U.S. dollar was down to 10.5779 Swedish Krona from 10.5834 Swedish Krona.