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U.S. Dollar mixed on economic data-June 30
 

The U.S. dollar traded mixed against other major currencies on Friday as investors were digesting a batch of economic data from the country.

Personal income increased 67.1 billion U.S. dollars, or 0.4 percent in May, according to estimates released Friday by the U.S. Commerce Department, beating market expectations.

The personal consumption expenditures price index, the Federal Reserve's preferred measure of inflation, declined 0.1 percent for May following a 0.2 percent gain the previous month. The year-on-year rate declined to 1.4 percent from 1.7 percent, lower than the expected rate of 1.5 percent.

U.S. consumer sentiment fell to 95.1 in June, sinking 2.1 percent from May and hitting the lowest level since November 2016, according to a survey released by the University of Michigan on Friday.

The dollar index, which measures the greenback against six major peers, was up 0.09 percent at 95.714 in late trading.

In late New York trading, the euro fell to 1.1410 dollars from 1.1438 dollars, and the British pound climbed to 1.3002 dollars from 1.2996 U.S. dollars in the previous session. The Australian dollar added to 0.7680 U.S. dollar from 0.7675 U.S. dollar.

The U.S. dollar bought 112.42 Japanese yen, higher than 112.03 yen of the previous session. The U.S. dollar rose to 0.9598 Swiss franc from 0.9564 Swiss franc, and it edged down to 1.2969 Canadian dollars from 1.3018 Canadian dollars.


(www.chinaview.cn 2017-07-03)
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