The dollar rose to a one-week high against the euro in CFD´s Platforms amid speculation more debt purchases by the Federal Reserve will help revive economic growth.
Australia’s dollar fell for a second day after the nation’s consumer prices rose by less than some economists had forecast, damping prospects the central bank will raise interest rates next month.
South Korea’s won dropped the most in two weeks after a report showed the economy slowed as the currency’s surge in the third quarter threatened exports.
The dollar climbed to $1.3813 per euro, the most since Oct. 20, at 12:24 p.m. in Tokyo from $1.3859 in New York yesterday. It gained to 81.70 yen from 81.43 yesterday. The euro was at 112.89 yen from 112.86 yen.
Australia’s dollar fell 1.2 percent to 97.31 U.S. cents. It slid to 79.51 yen from 80.24 yen yesterday. The won fell 1.3 percent to 1,131.66 per dollar and rose 7.2 percent in the third quarter.
U.S. orders for goods meant to last at least three years climbed 2 percent in September, the most in five months, according to a Bloomberg survey of economists before the Commerce Department report today.
Separate data may show new-home purchases rose 4.2 percent last month to a 300,000 annual rate, up from the record-low 282,000 in May, economists forecast. The U.S. economy probably grew at a faster pace in the third quarter, economists said before the Oct. 29 report by the Commerce Department.