Weak Global Activity Data Sends Dollar Higher, Aussie Skids

Weak Global Activity Data Sends Dollar Higher, Aussie Skids
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound, and Chinese 100 yuan banknotes in this picture illustration on Jan. 21, 2016. Jason Lee/Reuters
Reuters
Updated:
0:00

TOKYO/LONDON—Jitters about global growth caused the dollar to rise on Tuesday, sending the euro to its lowest in nearly three months and the Aussie down over 1 percent, not helped by underwhelming data in China and the Reserve Bank of Australia keeping rates steady.

The euro was down 0.45 percent at 1.0747, while sterling fell 0.6 percent to $1.2555, with both their lowest levels since mid June after poor activity data in China and Europe drove a risk off tone across asset classes.