MW; Dollar turns up vs euro after strong orders data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar turned higher versus the euro on Wednesday, helping it gain against a basket of other currencies. The shift came shortly after U.S. data on durable goods came in stronger than expected, prompting some selling of euros from a large account, according to Action Economics. The dollar index (DXY 86.90, +0.12, +0.14%) , which tracks the U.S. unit against a basket of six major currencies, rose to 86.910, up from 86.670 before the data and from 86.799 in late North American trading on Tuesday. The euro (CUR_EURUSD 1.2264, -0.0108, -0.8729%) fell to $1.2261, after trading nearly unchanged before the data from $1.2308 late Tuesday.
