Overnight the dollar touched its highest point against the pound since 1985.
Overnight the dollar touched its highest point against the pound since 1985.
Dollar mixed after weak Chinese data
NEW YORK (
AP) — The dollar was mixed against other major currencies following disappointing Chinese economic data over the weekend.
The euro rose to $1.3051 in late trading Monday from $1.3005 late Friday. The British pound fell to $1.4922 from $1.4936.
Weak Chinese industrial production and retail sales figures added to concerns that the country's recovery may have slowed.
The dollar surged on Friday after the government said that more jobs were created last month in the U.S. than expected, sending the unemployment rate to a four-year low.
The dollar rose to 96.28 Japanese yen from 95.82 Japanese yen.
The dollar fell to 0.9468 Swiss franc from 0.9511 Swiss franc and to 1.0257 Canadian dollar from 1.0287 Canadian dollar.
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