U.S. dollar edges up amid risk-averse sentiment

Wed, 27 Jan 2021

U.S. dollar edges up amid risk-averse sentiment

Xinhua
01 Dec 2020, 06:51 GMT+10

NEW YORK, Nov. 30 (Xinhua) -- The U.S. dollar rose modestly in late trading on Monday as risk-averse mood improved on the market, bolstering appetite for the safe-haven currency.

Risky assets including the U.S. equities were under pressure with the Dow down more than 300 points in the afternoon trading.

The dollar index, which measures the greenback against six major peers, was up 0.08 percent at 91.8760.

In late New York trading, the euro was down to 1.1947 U.S. dollars from 1.1957 dollars in the previous session, and the British pound rose to 1.3343 dollars from 1.3304 U.S. dollars in the previous session. The Australian dollar decreased to 0.7352 U.S. dollar from 0.7388 dollar.

The U.S. dollar bought 104.33 Japanese yen, higher than 104.03 Japanese yen of the previous session. The U.S. dollar increased to 0.9065 Swiss franc from 0.9045 Swiss franc, and it fell to 1.2962 Canadian dollars from 1.2984 Canadian dollars.

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