US dollar fluctuates amid thin trading

New York, Dec 24 (IANS) The US dollar fluctuated against most major currencies amid thin trading in holiday season.

In late New York trading on Wednesday, the euro fell to $1.0908 from $1.0954 of the previous session and the British pound increased to $1.4872 from $1.4814, Xinhua reported.

The Australian dollar went up to $0.7241 from $0.7227.

The US dollar bought 120.85 Japanese yen, lower than 121.04 yen of the previous session.

The US dollar moved up to 0.9906 Swiss franc from 0.9877 Swiss franc and moved down to 1.3862 Canadian dollars from 1.3940 Canadian dollars.

The US Commerce Department announced on Wednesday that new orders for manufactured durable goods in November increased $0.1 billion, or virtually unchanged, to $238.8 billion.

Personal income increased $44.4 billion, or 0.3 percent, and disposable personal income rose $34.5 billion, or 0.3 percent, in November, according to another report released by the Commerce Department on Wednesday.

The dollar index, which measures the greenback against six major peers,was up 0.14 percent at 98.358 in late trading.

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