MW: Dollar pares gains,Treasurys up after U.S. data
By Deborah Levine
EURUSD DXY 10_YEAR
NEW YORK (MarketWatch) -- The dollar pared gains slightly and Treasury prices added to an advance on Friday after data showed U.S. consumer spending increased 0.2% and incomes fell 0.1% in August. A separate report said consumer prices rose 0.2% last month. The euro EURUSD -0.66% traded at $1.3503, from $1.3497 before the data and still down versus $1.3584 on Thursday. The dollar index DXY +0.47% , which measures the U.S. unit against a basket of major currencies, slipped to 78.294 from 78.333 earlier while remaining higher from 77.917 in North American trade late Thursday. Yields on 10-year notes 10_YEAR -3.35% , which move inversely to prices, fell 6 basis points to 1.94%, extending a rally on long-term debt to a third session.
