The U.S. dollar stayed near the
At noon, the dollar fetched
The euro was quoted at
The dollar was confined in a narrow range in the morning, after recovering to the
The 30-issue Dow Jones Industrial Average rose Friday for the sixth consecutive trading day to hit a fresh record high.
The dollar failed to gain further ground despite data showing positive signs in the world's second largest economy.
The HSBC Flash China Manufacturing Purchasing Managers' Index for June rose to 50.8 from 49.4 the previous month, rising above the boom-and-bust line of 50 for the first time since December last year.
"In ordinary circumstances, the dollar would strengthen against the yen on the back of rises in shares at home and abroad and positive Chinese data. However, that was not the case this time," said
"I think it's because U.S. long-term interest rates are still not so high and concerns about the situations in
Market players are expected to keep close tabs on Eurozone PMI data for June and U.S. existing home sales data for May, both due out later in the day, for fresh trading clues.
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