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Dollar lower as US economic data fails to excite
Shoaib Ur Rehman
16 Aug, 2016
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Copyright AFP (Agence France-Presse), 2016
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![](https://i.brecorder.com/images/2016/08/dollar-aug.jpg">NEW YORK: The dollar fell Tuesday against the euro, the yen and the British pound as fresh data out of Washington drew an uneven picture of the US economy.</P><P>Toward 2100 GMT on Tuesday, the euro at $1.1276, up from $1.1183 on Monday. The dollar fell to 100.30 yen, down from 101.25 and the pound rose to $1.3044, up from $1.2883.</P><P>The softening of the dollar largely preceded disclosures on Tuesday from the Federal Reserve as well as the Commerce and Labor Departments offering a mixed view of economic activity.</P><P>Industrial production was up 0.7 percent in July and housing starts rose 2.1 percent but inflation was flat.</P><P>)
