Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

http://www.businessweek.com/ap/2012-12-05/dollar-rises-as-us-services-expand

AP News

Dollar rises as US services expand


NEW YORK (AP) — The dollar is rising against most major currencies following a report that the U.S. service sector grew at a slightly faster pace in November.

The Institute for Supply Management said its index measuring service businesses rose to 54.7 last month from 54.2 in October. Any reading above 50 indicates expansion.

The report measures growth in businesses ranging from retail and construction companies to health care and financial services firms.

The euro fell to $1.3073 in midday trading from $1.3101 late Tuesday. The British pound fell to $1.6097 from 1.6106.

The dollar rose to 82.37 Japanese yen from 81.84 yen and to 0.9275 Swiss franc from 0.9260 Swiss franc.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus