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U.S. dollar ticks down amid soft data
Last Updated: 2019-01-04 10:09 | Xinhua
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The U.S. dollar weakened in late trading on Thursday as soft data indicted a slowing U.S. economy, dimming the appetite for the green back in trading.

U.S. manufacturing index plunged to 54.1 in December from 59.3 in November, booking the worst monthly drop since October 2008, according to the Institute for Supply Management on Thursday.

The decline was widely viewed as fresh sign of deceleration in the economy amid global strains across the sector.

The dollar index, which measures the greenback against six major peers, decreased 0.52 percent at 96.3131 in late trading.

In late New York trading, the euro increased to 1.1391 U.S. dollars from 1.1344 dollars in the previous session, and the British pound rose to 1.2629 dollars from 1.2609 dollars in the previous session. The Australian dollar was up to 0.7002 dollar from 0.6997 dollar.

The U.S. dollar bought 107.75 Japanese yen, lower than 109.19 Japanese yen of the previous session. The U.S. dollar decreased to 0.9885 Swiss franc from 0.9903 Swiss franc, and it fell to 1.3480 Canadian dollars from 1.3585 Canadian dollars. Enditem

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