U.S. dollar slips amid economic data


NEW YORK, Dec. 2 (Xinhua) -- The U.S. dollar dipped in late trading on Wednesday as market participants digested newly-released economic data.

The dollar index, which measures the greenback against six major peers, fell 0.22 percent at 91.1153.

In late New York trading, the euro rose to 1.2099 U.S. dollars from 1.2047 dollars in the previous session, and the British pound fell to 1.3359 dollars from 1.3416 U.S. dollars in the previous session. The Australian dollar rose to 0.7402 U.S. dollar from 0.7364 dollar.

The U.S. dollar bought 104.55 Japanese yen, higher than 104.40 Japanese yen of the previous session. The U.S. dollar decreased to 0.8960 Swiss franc from 0.9006 Swiss franc, and it was down to 1.2921 Canadian dollars from 1.2936 Canadian dollars.

On the data front, U.S. private sector employment increased by 307,000 jobs last month, reported payroll data company Automatic Data Processing (ADP) on Wednesday. Economists polled by Dow Jones expected 475,000 private jobs were added in November.

"While November saw employment gains, the pace continues to slow," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute.

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