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U.S. Dollar Trade Mixed Against Other Major Currencies-June 5
 

The U.S. dollar traded mixed against other major currencies on Monday amid economic data.

U.S. economic activity in the non-manufacturing sector grew in May for the 89th consecutive month, the Institute for Supply Management (ISM) said Monday.

The ISM's non-manufacturing index registered 56.9 percent in May, which is 0.6 percentage point lower than the April reading of 57.5 percent.

U.S. new orders for manufactured goods in April decreased 0.8 billion U.S. dollars or 0.2 percent to 469.0 billion dollars, in line with market consensus, the Commerce Department announced Monday.

Meanwhile, investors were still sifting through the country's weaker-than-expected nonfarm jobs report for May.

U.S. total nonfarm payroll employment increased by 138,000 in May, well below market consensus of a 185,000-gain, the Labor Department said Friday. The unemployment rate, however, was little changed at 4.3 percent.

Some analysts said the decline in job growth numbers may bring some doubts on the likelihood of a rate rise this month.

The dollar index, which measures the greenback against six major peers, inched up 0.09 percent at 96.802 in late trading.

In late New York trading, the euro decreased to 1.1252 dollars from 1.1277 dollars in the previous session, and the British pound increased to 1.2908 dollars from 1.2881 U.S. dollars in the previous session. The Australian dollar increased to 0.7489 dollar from 0.7438 dollar.

The U.S. dollar bought 110.49 Japanese yen, higher than 110.48 yen of the previous session. The U.S. dollar rose to 0.9650 Swiss franc from 0.9640 Swiss franc, and it edged down to 1.3474 Canadian dollars from 1.3495 Canadian dollars.


(www.chinaview.cn 2017-06-06)
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