Forex Pros – The U.S. dollar was mixed against its major counterparts on Monday, as concerns over the sovereign debt crisis in the euro zone weighed on sentiment ahead of peripheral bond auctions later in the week.
During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.5% to hit 1.3479.
But the greenback was down against the pound, with GBP/USD easing up 0.13% to hit 1.6028.
Elsewhere, the greenback was also down against the yen and the Swiss franc, with USD/JPY shedding 0.19% to hit 83.27 and USD/CHF sliding 0.15% to hit 0.9716.
Earlier in the day, official data showed that Japan’s gross domestic product fell less-than-estimated in the fourth quarter, declining by a seasonally adjusted 0.3%, after rising by a revised 0.8% in the preceding quarter, and beating expectations for a decline of 0.5%.
Meanwhile, the greenback was down against its Canadian and Australian counterparts but up against its New Zealand cousin, with USD/CAD dipping 0.05% to hit 0.9869, AUD/USD rising 0.16% to hit 1.0038 and NZD/USD shedding 0.46% to hit 0.7568.
Earlier Monday, official data showed that Australian home-loan approvals rose more-than-expected in December while a separate report showed that retail sales in New Zealand fell more-than-expected in December.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.26%.
Later in the day, the euro zone was to release official data on industrial production.
ForexPros.com
