The U.S. dollar traded mixed to higher against the most major currencies after the mixed U.S. economic data. The Institute for Supply Management's manufacturing purchasing managers' index declined to 52.9 in February from 53.5 in January, missing expectations for a decline to 53.4. That was the lowest reading since January 2014.
A reading above 50 indicates expansion, below indicates contraction.
Most components of the index fell, showing a slow growth in the manufacturing sector.
Personal spending decreased 0.2% in January, after a 0.3% fall in December.
Consumer spending makes more than two-thirds of U.S. economic activity.
The decline was driven by lower gasoline prices.
Personal income climbed 0.3% in January, after a 0.3% rise in December.
The personal consumption expenditures (PCE) price index excluding food and energy rose 0.1% in January, in line with expectations, after a flat reading in December.
On a yearly basis, the PCE price index excluding food and index rose 1.3% in January, after a 1.3% increase in December.
The euro fell against the U.S. dollar. The inflation in the Eurozone rose to an annual rate of -0.3% in February from -0.6% in January. Analysts had expected a 0.5% drop.
Eurozone's unemployment rate fell to 11.2% in January from 11.3% in December. Analysts had expected the unemployment rate to climb to 11.4%. December's figure was revised up from 11.4%.
Eurozone's final manufacturing purchasing managers' index (PMI) fell to 51.0 in February from a preliminary reading of 51.1. Analysts had expected the final index to remain unchanged at 51.1.
Germany's final manufacturing PMI increased to 51.1 in February from a preliminary reading of 50.9. Analysts had expected the final index to remain unchanged at 50.9.
France's final manufacturing PMI decreased to 47.6 in February from a preliminary reading of 47.7. Analysts had expected the final index to remain unchanged at 47.7.
The British pound decreased against the U.S. dollar. Net lending to individuals in the U.K. increased by £2.4 billion in January, after a £2.1 billion gain in December, missing expectations for a rise by £2.8 billion. December's figure was revised down from a £2.2 billion increase.
The number of mortgages approvals in the U.K. increased by 60,786 in January, after a gain by 60,349 in December.
The U.K. manufacturing PMI increased to 54.1 in February from 53.1 in January. January's figure was revised up from 53.0.
The U.K. house price index decreased 0.1% in January, after a 0.3% rise in December.
On a yearly basis, the U.K. house price inflation fell to 5.7% in January from 6.8% in December.
The Canadian dollar traded lower against the U.S. dollar after the weaker-than-expected Canadian current account data. Canadian current account deficit widened to C$13.9 billion in the fourth quarter from a deficit of C$9.6 billion in the third quarter. The third quarter figure was revised down from a deficit of C$8.4 billion.
Analysts had expected a deficit of C$7.4 billion.
The decline was driven by lower exports as oil price dropped in the fourth quarter.
The Swiss franc traded lower against the U.S. dollar. The manufacturing purchasing managers' index in Switzerland dropped to 47.3 in February from 48.2 in January.
The New Zealand dollar traded lower against the U.S. dollar. In the overnight trading session, the kiwi declined against the greenback despite the overseas trade index from New Zealand. New Zealand's overseas trade index decreased 1.9% in the fourth quarter, after a 4.3% drop in the third quarter. The third quarter's figure was revised up from a 4.4 decline.
The Australian dollar traded mixed against the U.S. dollar. In the overnight trading session, the Aussie fell against the greenback after the mostly negative data from Australia. Company operating profits in Australia decreased 0.2% in the fourth quarter, missing expectations for a 9.7% rise.
Australia's new home sales climb 1.8% in January, after a 1.9% drop in December.
The AIG manufacturing index decreased to 45.4 in February from 40.0 in January.
The Japanese yen declined against the U.S. dollar. In the overnight trading session, the yen traded lower against the greenback. Japan's final manufacturing PMI climbed to 51.6 in February.
Capital spending in Japan climbed 2.8% in the fourth quarter, after a 5.5% in the third quarter.
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