Strong economic data does not lift the dollar.
Meanwhile, the dollar traded mixed against some major currencies, in holiday-thinned trade, as structural problems in the United States and geopolitical worries outweighed a clutch of robust U.S. economic data.
The euro bought $1.1831, up from $1.1785 late Tuesday. But the dollar purchased ¥109.57, up from ¥109.41 late Monday. Last week the U.S. currency hit a record low against the euro and a three-year trough versus the yen.
Investors were looking for signs of renewed geopolitical tensions following a series of attacks in Turkey over the last two weeks that killed more than 50 people.
"Reports were better than expected, but these are not translating to dollar gains," Alex Beuzelin, forex market analyst at Ruesch International in Washington, D.C., told Reuters. "Much of the good news has already been priced in."
"Also, even though the U.S. is growing much stronger than its G7 counterparts, this does not negate the structural problems in the United States and its low interest rate differential," said Beuzelin, referring to the Group of 7 (G7) industrialized nations.
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