Investing.com - The dollar remained broadly supported at eight-month highs against the other major currencies on Monday, after the release of mixed U.S. data as mounting hopes for a December rate hike by the Federal Reserve continued to support.
USD/JPY rose 0.29% to 123.15.
In the U.S., the National Association of Realtors said its pending home sales index inched up 0.2% last month, disappointing expectations for a gain of 1.5%.
The report came shortly after market research group Kingsbury International said its Chicago purchasing managers’ index tumbled by 7.5 points to 48.7 this month from a reading of 56.2 in October. Analysts had expected the index to fall 2.2 points to 54.0 in November.
Meanwhile, the yen came under pressure after data on Monday showed that Japan's industrial production rose 1.4% in October, disappointing expectations for an increase of 1.9%, after a 1.1% gain the previous month.
EUR/USD slipped 0.18% to fresh seven-month lows of 1.0574.
Sentiment on the euro remained vulnerable as European Central Bank President Mario Draghi has been signaling in recent weeks that the bank is ready to act quickly to boost inflation in the euro zone and can also change the level of its deposit rate to boost the impact of quantitative easing.
Earlier Monday, data showed that German retail sales fell 0.4% in October, compared to expectations for a 0.4% rise and after a flat reading the previous month.
In addition, preliminary report showed that German consumer prices rose 0.1% in November, in line with expectations, after a flat reading in October.
Elsewhere, the dollar slipped lower against the pound, with GBP/USD up 0.11% to 1.5046 and was steady against the Swiss franc, with USD/CHF at 1.0288.
Official data earlier showed that U.K. net lending to individuals rose by £4.8 billion in October, in line with expectations and after a £4.9 billion increase the previous month.
In Switzerland, data showed that the KOF Economic Barometer slipped to 97.9 this month from 100.4 in October, whose figure was revised from a previously estimated reading of 99.8. Analysts had expected the index to hit 100.2 in November.
The Australian and New Zealand dollars were stronger, with AUD/USD up 0.62% at 0.7234 and with NZD/USD climbing 0.78% to 0.6583.
The kiwi strengthened after data on Monday showed that the ANZ business confidence index for New Zealand rose to 14.6 in November from 10.5 the previous month. Analysts had expected the index to climb to 15.0 this month.
Meanwhile, USD/CAD slid 0.33% to 1.3335.
Statistics Canada reported on Monday that the country's current account deficit narrowed to C$16.2 billion in the third quarter from a revised C$16.6 billion in the second quarter. Analysts had expected the current account deficit to narrow to C$15.2 billion in the last quarter.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.15% at an eight-month peak of 100.21.