Forex Pros – The U.S. dollar was mixed against the other major currencies on Wednesday, as a raft of better-than-expected U.S. economic data eased fears that U.S. economic growth is flagging. During European afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.65% to hit 1.3139. Earlier in the day, official data showed that private sector employment in the U.S. rose more-than-expected in July, while separate data showed that activity in the non-manufacturing sector in the U.S. expanded more-than-expected in July. The greenback was also up against the pound, with GBP/USD losing 0.52% to hit 1.5870. Earlier Wednesday, data showed that U.K. service sector growth declined unexpectedly in July, falling to its lowest level since June 2009. The greenback was also up against the yen and the Swiss franc, with USD/JPY gaining 0.59% to hit 86.30 and USD/CHF jumping 1.15% to hit 1.0511. But the greenback was down against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.30% to hit 1.0204, NZD/USD rising 0.04% to hit 0.7345 and AUD/USD gaining 0.18% to hit 0.9145. Earlier Wednesday, official data showed that Australia's trade surplus widened to a record AUD 3.54 million in June. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.56%.

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