US dollar mixed on downbeat data

New York, March 16 (IANS) The US dollar traded mixed against other major currencies as the economic data from the country came out negative.

In the late New York trading on Tuesday, the euro rose to $1.1105 from $1.1083 of the previous session, and the British pound dropped to $1.4143 from $1.4299, Xinhua news agency reported.

The Australian dollar went down to $0.7447 from $0.7496.

The dollar bought 113.13 Japanese yen, lower than 113.82 yen of the previous session. The dollar decreased to 0.9873 Swiss francs from 0.9880 Swiss francs, and it inched up to 1.3362 Canadian dollars from 1.3270 Canadian dollars.

The Federal Reserve started its two-day monetary policy meeting on Tuesday.

Investors were awaiting the closely-watched Fed announcement due to be released on Wednesday.

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