US dollar slips amid economic data


The US dollar weakened at the end of Saturday’s session as market participants digested a plethora of economic data

NEW YORK, Oct 23 (UrduPoint / Pakistan Point News – Oct 23, 2021) -: The US dollar weakened late in session on Saturday as market participants digested a plethora of economic data.

The dollar index, which measures the greenback against six major peers, fell 0.13% to 93.6449 at the end of the session.

At the end of the New York session, the euro rose to 1.1636 US dollars from 1.1624 dollars in the previous session, and the British pound fell to 1.3755 dollars from 1.3784 US dollars in the previous session. previous session. The Australian dollar was unchanged at 0.7465 US dollar.

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The S dollar bought 113.43 Japanese yen, lower than 113.94 Japanese yen in the previous session. The US dollar declined to 0.9162 Swiss francs from 0.9184 Swiss francs, and it declined to 1.2366 Canadian dollars from 1.2378 Canadian dollars.

On the economic front, the Flash US Composite PMI (Purchasing Managers’ Index) production index posted 57.3 in October, against 55.0 in September to signal the fastest increase in activity in three months, because the stronger growth was driven by the service sector, London- news provider IHS Markit reported on Friday. Final element


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