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Dollar fell against major currencies

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NEW YORK,U.S(TNO) The dollar fell against major currencies on Thursday(1st Sep) as data on US manufacturing pointed to a contraction in the sector last month.Markets were also anticipating Friday s release of official figures on August US job creation, which if strong could boost the chances of a US interest rate hike in the near term.Toward 2100 GMT, the euro was at $1.1199, up from $1.1156 the day before, while the dollar stood at 103.23 yen, down from 103.43.A pound was worth $1.3270, up from $1.3128.The Institute for Supply Management reported Thursday that its purchasing managers index for the manufacturing sector read 49.4 for August, below the 50.0 line separating growth from contraction and down from 52.6 in July.

Exchange Rates:-

2100 GMT Thursday Friday

EUR/USD 1.1199 1.1156       –   EUR/JPY 115.61 115.38   –  EUR/CHF 1.0975 1.0973

EUR/GBP 0.8440 0.8498    –  USD/JPY 103.23 103.43   – USD/CHF 0.9800 0.9836

GBP/USD 1.3270 1.3128

 

 

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