Wed, 03 Mar 2021

U.S. dollar edges down amid risk sentiment

Xinhua
21 Jan 2021, 06:55 GMT+10

NEW YORK, Jan. 20 (Xinhua) -- The U.S. dollar inched lower in late trading on Wednesday as risk-on sentiment continued, subduing demand for the safe-haven currency.

The dollar index, which measures the greenback against six major peers, fell 0.03 percent at 90.4800.

In late New York trading, the euro was down to 1.2107 U.S. dollars from 1.2125 dollars in the previous session, and the British pound increased to 1.3645 dollars from 1.3631 U.S. dollars in the previous session. The Australian dollar was up to 0.7744 U.S. dollar from 0.7694 dollar.

The U.S. dollar bought 103.53 Japanese yen, lower than 103.87 Japanese yen of the previous session. The U.S. dollar increased to 0.8898 Swiss franc from 0.8887 Swiss franc, and it fell to 1.2643 Canadian dollars from 1.2731 Canadian dollars.

Sign up for Osaka News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!