U.S. dollar rises as risk appetite changes
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E-mail Xinhua, January 28, 2020
NEW YORK, Jan. 27 (Xinhua) -- The U.S. dollar rose in late trading on Monday as investors' risk appetite changed.
Concerns over a novel coronavirus pushed investors into safer assets including the U.S. dollar, and traditional safe-haven currencies such as the Japanese yen and the Swiss franc.
The dollar index, which measures the greenback against six major peers, rose 0.10 percent at 97.9569 in late trading.
In late New York trading, the euro was down to 1.1016 dollars from 1.1029 dollars in the previous session, and the British pound was down to 1.3048 dollars from 1.3078 U.S. dollars in the previous session. The Australian dollar decreased to 0.6757 dollar from 0.6822 dollar.
The U.S. dollar bought 108.92 Japanese yen, lower than 109.27 Japanese yen of the previous session. The U.S. dollar was down to 0.9696 Swiss franc from 0.9708 Swiss franc, and it was up to 1.3182 Canadian dollars from 1.3142 Canadian dollars. Enditem
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