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Dollar mixed ahead of closely watched US data

Dollar mixed ahead of closely watched US data

The dollar was mixed against major currencies Monday at the start of a week that features closely watched U.S. employment figures and the European Central Bank's monthly policy meeting.
The 16-nation euro bought $1.4086 in late New York trading, slightly higher than the $1.4077 it bought late Friday, after the European Commission said business and consumer confidence climbed for the third month in a row in June but still languished near its lowest point in two decades.
The British pound inched up to $1.6573 from $1.6531, while the dollar rose to 95.99 Japanese yen from 95.18 yen.
The dollar lost ground against all three currencies on Friday as U.S. data suggested that consumers are being extremely careful with their money.
There was little economic news Monday but the week, which is abbreviated by the Independence Day holiday on Friday, brings key data that will give investors a better sense of where the economy is headed, notably the monthly nonfarm payrolls report that is due on Thursday.
Also on Thursday, the ECB's governing council meets to consider its stance on interest rates.
The ECB is expected to keep its key interest rate unchanged and cautiously note some signs that the economy of the 16 countries that share the euro is stabilizing following unprecedented liquidity injections and big declines in the cost of borrowing.
In other late trading Monday, the dollar advanced to 1.1566 Canadian dollars from 1.1524 late Friday, and was unchanged at 1.0818 Swiss francs.