Xinhua, New York :
The U.S. dollar edged down on Tuesday as investors were awaiting the latest Federal Reserve minutes due out later this week.
The U.S. central bank will publish the minutes for its June meeting on Thursday. Investors will look closely to see whether the Fed is on track for two more hikes later this year.
On the economic front, new orders for manufactured goods in May increased 1.8 billion U.S. dollars, or 0.4 percent, to 498.2 billion dollars amid strong demand for machinery, the U.S. Commerce Department reported on Tuesday. The reading followed a 0.4 percent decrease in April and beat the market forecasts.
The dollar index, which measures the greenback against six major peers, decreased 0.25 percent at 94.636 in late trading.
In late New York trading, the euro rose to 1.1662 dollars from 1.1609 dollars in the previous session, and the British pound climbed to 1.3198 dollars from 1.3122 dollars. The Australian dollar fell to 0.7387 dollar from 0.7402 dollar.
The U.S. dollar bought 110.61 Japanese yen, lower than 110.88 Japanese yen of the previous session. The U.S. dollar decreased to 0.9922 Swiss franc from 0.9948 Swiss franc, and it declined to 1.3137 Canadian dollars from 1.3142 Canadian dollars.
The U.S. dollar edged down on Tuesday as investors were awaiting the latest Federal Reserve minutes due out later this week.
The U.S. central bank will publish the minutes for its June meeting on Thursday. Investors will look closely to see whether the Fed is on track for two more hikes later this year.
On the economic front, new orders for manufactured goods in May increased 1.8 billion U.S. dollars, or 0.4 percent, to 498.2 billion dollars amid strong demand for machinery, the U.S. Commerce Department reported on Tuesday. The reading followed a 0.4 percent decrease in April and beat the market forecasts.
The dollar index, which measures the greenback against six major peers, decreased 0.25 percent at 94.636 in late trading.
In late New York trading, the euro rose to 1.1662 dollars from 1.1609 dollars in the previous session, and the British pound climbed to 1.3198 dollars from 1.3122 dollars. The Australian dollar fell to 0.7387 dollar from 0.7402 dollar.
The U.S. dollar bought 110.61 Japanese yen, lower than 110.88 Japanese yen of the previous session. The U.S. dollar decreased to 0.9922 Swiss franc from 0.9948 Swiss franc, and it declined to 1.3137 Canadian dollars from 1.3142 Canadian dollars.
