© Reuters. The dollar continues declining against its rivals
Investing.com – The dollar declined against other major currencies on Thursday, after economic data yesterday.
Transaction volumes are expected to remain low during the last week of the year.
The dollar index, which measures the greenback’s strength versus a weighted basket based on the trade of six major currencies, was down 0.24% to 92.44 at 4:44 AM (09:44 GMT).
On Wednesday, the economic figures are mixed did not influence the dollar. The promises of housing sales increased 0.2% on a month, compared to a forecast of a decline of 0.4%, according to the National Association of Realtors. In the meantime, the Conference Board indicates that consumer confidence fell 122.1 in December after a reading of 128,6 in November.
The dollar approached its lowest level since October 23 against the aussie, with USD / CAD down 0.37% at 1,2609. The greenback also fell against the japanese yen, with USD / JPY dipping 0.34% to 112.81.
Elsewhere, the EUR / USD rose 0.32% to 1,1933. On Thursday, the european central Bank has published the economic bulletin for December, indicating that the euro zone was expanding, and inflation should increase gradually.
The british pound was also higher, with the GBP / USD to 1,3447, up 0.34% compared to the same period of time.
During this time, the dollars of australia and new zealand have remained strong, with a gain of 0.35% to 0,7793, while the NZD / USD jumped from 0.41% to 0,7083.