NEW YORK, Oct. 31 (Xinhua) -- The U.S. dollar rose against most major currencies on Tuesday on solid economic data.
The consumer confidence index hit 125.9 in October, highest in almost 17 years, according to the Conference Board on Tuesday.
Meanwhile, U.S. Federal Reserve is kicking off a two-day policy meeting Tuesday and is scheduled to announce its latest monetary policy decision on Wednesday.
"The Fed is expected to announce no change in policy tomorrow, but could use the statement to signal a December move, possibly by playing up a strengthening economy," said Chris Low, chief economist at FTN Financial, on Tuesday.
In late New York trading, the euro climbed to 1.1653 U.S. dollars from 1.1633 U.S. dollars, and the British pound increased to 1.3281 U.S. dollars from 1.3197 U.S. dollars. The Australian dollar decreased to 0.7660 U.S. dollar from 0.7678 U.S. dollar.
The U.S. dollar bought 113.68 Japanese yen, higher than 113.17 yen of the previous session. The U.S. dollar increased to 0.9973 Swiss franc from 0.9953 Swiss franc, and it edged up to 1.2899 Canadian dollars from 1.2838 Canadian dollars. Enditem