U.S. dollar weakens against main currencies
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E-mail Xinhua, August 21, 2018
NEW YORK, Aug. 20 (Xinhua) -- The U.S. dollar declined 0.3 percent in late trading on Monday as expected trade talks between the U.S. and China eased market concerns.
The dollar index, which measures the greenback against six major peers, decreased 0.288 percent to 95.813 at 4:08 p.m. (EDT).
The U.S. President Donald Trump's critics of hike of interest rate by Federal Reserves also weigh on expected further rise of interest rates.
The U.S. dollars weakened against all of the six major currencies in the session.
In late New York trading, the euro increased to 1.1467 dollars from 1.1436 dollars in the previous session, and the British pound rose to 1.2785 dollars from 1.2720 U.S. dollars in the previous session. The Australian dollar increased to 0.7327 dollar from 0.7307 dollar.
The U.S. dollar bought 110.21 Japanese yen, lower than 110.47 Japanese yen of the previous session. The U.S. dollar fell to 0.9920 Swiss franc from 0.9957 Swiss franc, and it fell to 1.3049 Canadian dollars from 1.3072 Canadian dollars. Enditem
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