US dollar wavers narrowly amid economic data

New York June 23 (IANS) The US dollar traded mixed against other major currencies as investors digested a batch of economic reports.

In late New York trading on Thursday the euro fell to $1.1149 from $1.1164 in the previous session and the British pound climbed to $1.2672 from $1.2669 in the previous session Xinhua news agency reported.

The Australian dollar dipped to $0.7542 from $0.7558.

The U.S. dollar bought 111.32 Japanese yen higher than 111.31 yen of the previous session. The US dollar decreased to 0.9722 Swiss franc from 0.9727 Swiss franc and it moved down to 1.3242 Canadian dollars from 1.3311 Canadian dollars.

In the week ending June 17 the advance figure for seasonally adjusted initial claims was 241 000 an increase of 3 000 from the previous week s revised level the US Labor Department announced on Thursday.

The four-week moving average was 244 750 an increase of 1 500 from the previous week s revised average.

US house prices rose in April up 0.7 per cent from the previous month s reading above market consensus of 0.5 per cent according to the Federal Housing Finance Agency seasonally adjusted monthly House Price Index on Thursday.

The dollar index which measures the greenback against six major peers edged up 0.01 per cent at 97.573 in late trading.

--IANS
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