U.S. dollar edges up amid traders seek safe-haven

Source: Xinhua| 2020-12-22 05:07:44|Editor: huaxia

NEW YORK, Dec. 21 (Xinhua) -- The U.S. dollar inched higher in late trading on Monday as market participants sought safety amid concerns over a new coronavirus variant, bolstering appetite for the safe-haven currency.

The dollar index, which measures the greenback against six major peers, was up 0.02 percent at 90.0400.

In late New York trading, the euro increased to 1.2249 U.S. dollars from 1.2241 dollars in the previous session, and the British pound fell to 1.3460 dollars from 1.3506 U.S. dollars in the previous session. The Australian dollar decreased to 0.7596 U.S. dollar from 0.7613 dollar.

The U.S. dollar bought 103.34 Japanese yen, higher than 103.30 Japanese yen of the previous session. The U.S. dollar rose to 0.8846 Swiss franc from 0.8838 Swiss franc, and it increased to 1.2829 Canadian dollars from 1.2787 Canadian dollars.

The moves came as traders grew concerned as a new virus strain detected in Britain led to fresh mobility restrictions. Enditem

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