MW: Dollar remains broadly higher after economic data
NEW YORK (MarketWatch) -- The dollar remained broadly higher against most other major currencies after manufacturers in the New York region said business worsened in early June. The Empire state index fell to negative 9.4 in June from negative 4.6 in May, indicating the downturn broadened to more firms. The dollar index (DXY 80.90, +0.76, +0.94%) , a measure of the greenback against a trade-weighted basket of major currencies, traded at 80.842 compared with 80.945 before the data and up from 80.158 in North American trade late Friday afternoon. The euro fell 1.1% to $1.3857 and the British pound dropped 0.2% to $1.6380. The dollar, however, eased against the Japanese currency, dropping 0.2% to 98.16 yen.
