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U.S. Dollar Rises On Upbeat Data - June 19
 

The U.S. dollar climbed on Tuesday as investors were digesting the positive data from the country.

The U.S. Commerce Department said on Tuesday that privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,350,000, the highest level since July 2007. This is 5.0 percent above the revised April estimate of 1,286,000.

Meanwhile, the safe-haven Japanese yen rose against the greenback amid widespread concerns over the global trade relations. The dollar index, which measures the greenback against six major peers, increased 0.35 percent at 95.084 in late trading.

In late New York trading, the euro fell to 1.1575 U.S. dollars from 1.1615 dollars in the previous session, and the British pound decreased to 1.3169 dollars from 1.3240 dollars in the previous session. The Australian dollar was down to 0.7377 dollar from 0.7416 dollar.

The U.S. dollar bought 110.08 Japanese yen, lower than 110.51 Japanese yen of the previous session. The U.S. dollar increased to 0.9950 Swiss franc from 0.9949 Swiss franc, and it was up to 1.3281 Canadian dollars from 1.3216 Canadian dollars.


(www.chinaview.cn 2018-06-20)
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