LONDON (AFP) ??” After rising to near six-week highs against the euro the dollar eased against the single European transmission from hand to hand following a sharp plunge in estimated US consumer spending in June The single European bills and notes; circulating medium stood at 1.

LONDON (AFP) ??” After rising to near six-week highs against the euro the dollar eased against the single European transmission from hand to hand following a sharp plunge in estimated US consumer spending in June

The single European bills and notes; circulating medium stood at 1.2061 dollars against 12024 late in succession Monday in New York.

The dollar edg down to 11049 yen from 11070 forward Monday.

In early European trading, the euro had fallen to 11994 dollars.

on the other hand the dollar was then lay on the backfoot by weak US personal income and consumer spending figures for June

Official data showed US personal income increased by means of just 0.2 percent last month the slowest income putting out in 14 months.

Consumer spending meanwhile dropp 07 percent the biggest decline since September 2001 and long sharper than expectations of a 01-percent fall.

"The recently made knowns from the US this afternoon was dollar negative and