empty
 
 

2017.10.2314:59:00UTC+00Dollar Little Changed On Light Data Day

The dollar is turning in a mixed performance against its major rivals Monday afternoon, but remains little changed overall. The buck is up slightly against the Euro and the Japanese Yen, but is down slightly against the British pound.

The lack of U.S. economic data is keeping some investors on the sidelines at the start of the new trading week. Things will remain quiet on the economic front until Wednesday morning, when durable goods order and new home sales are slated for release. Weekly jobless claims, international trade and pending home sales will follow on Thursday, while GDP and consumer sentiment will close on the week.

The dollar has risen to around $1.1740 against the Euro Monday afternoon, from an early low of $1.1777.

Eurozone consumer confidence strengthened for a third straight month in October to its highest level since 2001, preliminary data from the European Commission showed Monday.

The flash consumer confidence index rose to -1 from -1.2 in September, marking the highest score since April 2001, when it was -0.9. Economists had expected a modest improvement in the index to -1.1.

The buck reached an early high of $1.3157 against the pound sterling, but has since retreated to around $1.32.

UK firms reported slower growth in factory orders in October, the Industrial Trends Survey from the Confederation of British Industry showed Monday. The order book balance fell to -2 percent in October, the lowest since November, from +7 percent in September.

The greenback climbed to an early high of Y114.072 against the Japanese Yen Monday morning, but has since eased back to around Y113.730.

Japan's leading index improved more than initially estimated in August, latest figures from the Cabinet Office showed Monday. The leading index, which measures the future economic activity, climbed to 107.2 in August from 105.2 in July. The reading for August was revised up from 106.8.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback