Dollar rises after mixed US economic data
Dollar rises against euro, pound after mixed US housing, manufacturing data
NEW YORK (AP) -- The dollar rose against most major currencies Monday after US housing and manufacturing data painted a mixed pictured of the economy.
The National Association of Realtors said that its index for pending home sales dropped 4.3 percent in December from November to 101.7.
The Commerce Department said that overall orders for durable goods increased 4.6 percent in December from November, a sign of strength in the manufacturing industry.
The euro fell to $1.3456 in late trading Monday from $1.3467 late Friday. The British pound fell to $1.5695 from $1.5800.
The dollar was practically unchanged at 0.9263 Swiss franc from 0.9262 Swiss franc.
The dollar fell to 90.79 Japanese yen from 90.98 Japanese yen and to 1.0064 Canadian dollar from 1.0078 Canadian dollar.
