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US dollar index edges down alongside declining British pound … XINHAU August 08, 2019 at 06:42AM

US dollar index edges down alongside declining British pound … XINHAU

 

US dollar index edges down alongside declining British pound

(Xinhua) — The U.S. dollar index edged down on Wednesday along with the falling British pound and Canadian dollar.

The dollar index, which measures the greenback against six major peers, decreased 0.09 percent at 97.5505 in late trading.

In late New York trading, the euro was up to 1.1214 dollars from 1.1200 dollars in the previous session, and the British pound decreased to 1.2143 dollars from 1.2152 U.S. dollars in the previous session. The
Australian dollar was up to 0.6767 dollar from 0.6756 dollar.

The U.S. dollar bought 106.09 Japanese yen, lower than 106.53 Japanese yen of the previous session. The U.S. dollar fell to 0.9736 Swiss franc from 0.9768 Swiss franc, and it increased to 1.3314 Canadian dollars
from 1.3279 Canadian dollars.

The sterling has been under downward pressure, as investors remained cautious and closely watched the development surrounding Brexit scheduled for Oct. 31.

The British government said on Tuesday that it wanted to negotiate a new Brexit deal with Brussels amid accusations that there is “no basis” for such talks momentarily.

British Prime Minister Boris Johnson has pledged to leave the EU by the deadline with or without a deal

 

Read More: US dollar index edges down alongside declining British pound … XINHAU

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