Economics

Dollar Index Slips Before U.S. Confidence, Manufacturing Reports

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The Dollar Index slipped before reports forecast to show U.S. consumer confidence and regional manufacturing gauges rose, reducing demand for haven assets.

The 17-member euro was little changed against the dollar before Italy sells bills and bonds this week as concern lingered that Europe’s debt crisis will drive up borrowing costs. The Swiss franc and the yen appreciated against the greenback. Thailand’s baht weakened as investors reduced holdings of the nation’s assets.