U.S. Dollar Falls as New York Manufacturing Activity Slumps
Monday, 17 June 2019 23:16 WIB | CURRENCIES | Indeks DolarDolar AS

The U.S. dollar fell on Monday after manufacturing activity in the New York area fell to a two-and-a-half year low in June, while other currencies remained quite ahead of a flurry of central bank meetings.

The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was down 0.1% to 96.935 by 11:25 AM ET (15:25 GMT).

Elsewhere, the European Central Bank meets in Portugal and the Bank of England's makes an interest rate decision on Thursday.

The dollar was slightly higher against the safe haven Japanese yen, with USD/JPY at 108.62.

Elsewhere, the euro rose on the weaker dollar, with EUR/USD rising 0.3% to 1.1233. Sterling was lower, with GBP/USD slipping 0.2% to 1.2562, while USD/CAD fell 0.1% to 1.3399.

Source: Investing.com

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