Dollar, pound rise against euro

The US dollar made gains in relation to the euro on Thursday, but those gains were limited by new data showing that manufacturing activity in the Philadelphia region contracted more than had been anticipated in April.

At shortly before noon in New York, the dollar traded at $1.5927 to the euro while it took ¥102.2200 to buy a dollar.

The British pound was up versus both the greenback and the euro, trading at 50.21p to the dollar and at 79.97p to the shared currency.

The Australia and New Zealand dollar were both up versus the US dollar and the yen on more investor interest in carry trades after equities markets saw gains.

In late-morning trade in New York, the Australian dollar traded at A$1.0677 to the greenback and it took ¥95.7392 to buy an Australian dollar while it took 78.83 cents US or ¥80.585 to buy a New Zealand dollar.

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