US Dollar Declines 0.5% Against Yen, 0.2% Against Euro After Weaker ISM Data
The US dollar experienced a decline against the yen and euro following the release of weaker ISM and construction spending data. The dollar fell by 0.5% against the yen to 156.42 and by 0.2% against the euro to $1.0869. The dollar index (DXY) also decreased by 0.2% to 104.33. This movement came as yields eased slightly, contributing to the dollar's mixed performance in the European FX market on 3 Jun.
Sources
Newsquawk
Europe Market Open: APAC stocks mixed, DXY holds just above 104.00 post-ISM & Crude continues to slip https://t.co/T4kmjQwnJA https://t.co/x5acuCGLaO https://t.co/XasUO2ctdu
investingLive Forexlive Americas FX news wrap 3 Jun: US dollar moves lower after weaker ISM data. https://t.co/xCmZPlaOM4
DB News TradFi USD EXTENDS LOSSES VS YEN AFTER ISM, CONSTRUCTION SPENDING DATA, LAST DOWN 0.5% AT 156.42 EURO GAINS VS DOLLAR AFTER US DATA, LAST UP 0.2% AT $1.0869; DOLLAR INDEX DOWN 0.2% AT 104.33
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