U.S. Dollar mixed against major currencies

December 29, 2012 8:59 am 

NEW YORK, Dec. 29 — The U.S. dollar traded mixed against major currencies Friday as U.S. Congress still hasn't reached a deal on averting the "fiscal cliff" while U.S. economic data favored the dollar.

U.S. President Barack Obama summoned top congressional leaders to the White House for a meeting Friday afternoon to make a last-ditch attempt for an agreement to avert the upcoming fiscal cliff, with the Jan.1 deadline around the corner.

There were signs that a deal might be inked, but no results were disclosed until the markets closed.

On the economic front, U.S. home sales contracts for November rose to the highest level since April 2010, fresh evidence of the recovering property market, the National Association of Realtors (NAR) reported Friday.

Moreover, the Chicago Purchasing Managers Index jumped to 51.6 in December, a four-month high, gaining for a third straight month.

In late New York trading, the euro declined to 1.3222 dollars from 1.3238 dollars of the previous session and the British pound climbed to 1.6152 dollars from 1.6108.

The dollar slightly dropped to 0.9133 Swiss francs from 0.9137 and went up to 0.9962 Canadian dollars from 0.9948. The dollar bought 86.07 Japanese yen, higher than 86.03 in the previous session. (PNA/Xinhua)

LAM/RSM

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