gnutrade.satya
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The US dollar fell against major currencies when positive data around the world soothed worries about the health of the global economy. The euro was seen gaining ground as European shares rose at their fastest pace after fears eased over a renewed global slowdown, another supportive factor for oil prices.
Brendan McGrath, manager of business solutions at Custom House, a Western Union company said: "What we've seen is a bit move away from the US dollar. Risk is back in favor a little bit today, mainly due to the good Australian and Chinese data."
Against the yen, the dollar rose 0.3 percent to 84.41 yen. The euro rose 0.9 percent to $1.2800.
Brendan McGrath, manager of business solutions at Custom House, a Western Union company said: "What we've seen is a bit move away from the US dollar. Risk is back in favor a little bit today, mainly due to the good Australian and Chinese data."
Against the yen, the dollar rose 0.3 percent to 84.41 yen. The euro rose 0.9 percent to $1.2800.