The U.S. dollar traded higher against other major currencies on Friday's New York deals after the releases of Chicago PMI data and U.S. consumer sentiment index for September.
Consumer sentiment in the U.S. improved by less than previously estimated in the month of September, according to a report released by Thomson Reuters and the University of Michigan.
The report showed that the consumer sentiment index for September was downwardly revised to 78.3 from the mid-month reading of 79.2. Economists had expected a more modest downward revision to a reading of 79.0.
Also, the Institute for Supply Management - Chicago said its business barometer dropped to 49.7 in September from 53.0 in August.
The greenback is now worth 0.9407 against the franc and 1.2863 against the euro, off early multi-day lows of 0.9338 and 1.2961, respectively.
The U.S. currency climbed to a 2-day high of 77.87 against the yen, after falling to a multi-week low of 77.45 around 1:40 am ET.
Against the pound, the dollar is now trading more than a 2-week high of 1.6138, recovering from a 1-week low of 1.6274 hit earlier.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.