Thu, 24 Sep 2020

NEW YORK, Aug. 5 (Xinhua) -- The U.S. dollar slipped noticeably in late trading on Wednesday after data showed job growth in U.S. private sector slowed sharply last month.

The dollar index, which measures the greenback against six major peers, decreased 0.55 percent at 92.8665.

In late New York trading, the euro was up to 1.1860 U.S. dollars from 1.1783 dollars in the previous session, and the British pound rose to 1.3115 dollars from 1.3057 U.S. dollars in the previous session. The Australian dollar rose to 0.7192 U.S. dollar from 0.7154 dollar.

The U.S. dollar bought 105.62 Japanese yen, lower than 105.76 Japanese yen of the previous session. The U.S. dollar fell to 0.9084 Swiss franc from 0.9144 Swiss franc, and it decreased to 1.3280 Canadian dollars from 1.3342 Canadian dollars.

On the economic front, U.S. private sector employment increased by 167,000 jobs in July, U.S. payroll data company Automatic Data Processing reported on Wednesday. The reading was far below forecasts from economists surveyed by Econoday who expected a gain of 1.9 million jobs.

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