Dollar dips in thin trading after holiday
www.chinaview.cn 2009-12-29 07:43:47   Print

    NEW YORK, Dec. 28 (Xinhua) -- The U.S. dollar fell slightly against major currencies on Monday in thin trading after the Christmas holiday.

    No important economic data were released on Monday. Investors are watching the U.S. government debt sales of this week.

    The Treasury Department sold 44 billion dollars of 2-year notes in an auction on Monday. It will sell 42 billion dollars in 5-yearnotes on Tuesday, followed by 23 billion dollars in 7-year notes on Wednesday.

    Investors are also waiting the Case-Schiller house price index and the Conference Board's consumer confidence index due to be released on Tuesday for new trading clues.

    The euro bought 1.4384 dollars in late New York trading compared with 1.4381 dollars it bought late Thursday. The pound rose to 1.6003 dollars from 1.5967 dollars.

    The dollar fell to 1.0429 Canadian dollars from 1.0500 Canadian dollars, and fell to 1.0350 Swiss francs from 1.0358 Swiss francs. It fell to 91.38 Japanese yen from 91.59 Japanese yen.

Special Report:  Global Financial Crisis

 

Editor: Anne Tang
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