US dollar pares gains vs euro after economic data

NEW YORK, Nov 24 (BestGrowthStock) – The U.S. dollar pared gains
versus the euro on Wednesday after economic data painted a
mixed picture of the U.S. economy.

New orders for long-lasting U.S. manufactured goods
unexpectedly fell in October to post their largest decline in
nearly two years and business capital spending plans dropped,
the Commerce Department said.[ID:nN23158716]

But, in a separate report, new U.S. claims for unemployment
benefits dipped more than expected last week, the Labor
Department said. It was the lowest since the week ending July
19, 2008 just before the financial crisis intensified.
[ID:nN24211087].

The euro was last at $1.3376 compared with the $1.3357
prior to the data releases. It was up 0.04 percent from the
prior New York close in the latest trade.

(Reporting by Julie Haviv. Editing by W Simon )

US dollar pares gains vs euro after economic data