The ICE U.S. Dollar Index moved lower Friday as a contraction in hourly wage growth in December caused investors to delay their expectations for when the Federal Reserve will begin raising its benchmark interest rate.
The dollar index, DXY, -0.43% a measure of the greenback’s strength against a trade-weighted basket of six rival currencies, was down 0.46% to 91.9450.
The dollar USDJPY, +0.00% was at ¥118.50, compared with ¥119.65 late Thursday in New York. The euro EURUSD, +0.00% was at $1.1839, from $1.1788.
The pound GBPUSD, +0.00% rose slightly against the dollar, moving back above the $1.51 level after U.K. manufacturing output recorded strong growth in December.
The dollar index, DXY, -0.43% a measure of the greenback’s strength against a trade-weighted basket of six rival currencies, was down 0.46% to 91.9450.
The dollar USDJPY, +0.00% was at ¥118.50, compared with ¥119.65 late Thursday in New York. The euro EURUSD, +0.00% was at $1.1839, from $1.1788.
The pound GBPUSD, +0.00% rose slightly against the dollar, moving back above the $1.51 level after U.K. manufacturing output recorded strong growth in December.
No comments:
Post a Comment