U.S. dollar drops amid rising sterling

Source: Xinhua| 2019-08-23 06:53:40|Editor: huaxia
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NEW YORK, Aug. 22 (Xinhua) -- The U.S. dollar decreased on Thursday amid rebounding British pound, as German Chancellor Angela Merkel said a negotiated departure of Britain from the EU is still possible.

The dollar index, which measures the greenback against six major peers, was down 0.13 percent at 98.1781 in late trading.

In late New York trading, the euro was unchanged at close to 1.1085 dollars from 1.1085 dollars in the previous session, and the British pound rose to 1.2257 dollars from 1.2123 U.S. dollars in the previous session. The Australian dollar fell to 0.6757 dollar from 0.6781 dollar.

The U.S. dollar bought 106.41 Japanese yen, lower than 106.60 Japanese yen of the previous session. The U.S. dollar rose to 0.9836 Swiss franc from 0.9824 Swiss franc, and it rose to 1.3299 Canadian dollars from 1.3291 Canadian dollars.

Visiting British Prime Minister Boris Johnson had talks on Brexit with French President Emmanuel Macron on Thursday afternoon in Paris.

"We must leave the European Union on October 31, deal or no deal," Johnson told the press before the talks, adding that he wanted a deal and he was "powerfully encouraged" by talks on Wednesday with Merkel in Berlin.

Paris is the second leg of Johnson's first foreign visit since he took office.

It is possible to find something intelligent but any solution should not be far from the fundamentals that have already been negotiated, said Macron. Enditem