Dollar index holds gains after construction spending falls

© Reuters. FILE PHOTO: Illustration photo of a U.S. five dollar note

NEW YORK (Reuters) – The dollar on Monday held its earlier gains against a basket of currencies even as government data showed domestic construction spending unexpectedly fell in December, supporting the view the U.S. economy was losing momentum in late 2018.

At 10:05 (1505 GMT), the ICE (NYSE:) index that tracks the greenback versus the euro, yen, sterling and three other currencies was up 0.18 percent at 96.701.

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