U.S. dollar rises amid increasing safe-haven demand

Source: Xinhua| 2020-12-23 05:06:54|Editor: huaxia

NEW YORK, Dec. 22 (Xinhua) -- The U.S. dollar advanced in late trading on Tuesday as concerns over a new strain of COVID-19 detected in Britain overshadowed progress in U.S. fiscal stimulus, bolstering demand for the safe-haven currency.

The dollar index, which measures the greenback against six major peers, rose 0.68 percent at 90.6500.

In late New York trading, the euro was down to 1.2160 U.S. dollars from 1.2249 dollars in the previous session, and the British pound decreased to 1.3353 dollars from 1.3460 U.S. dollars in the previous session. The Australian dollar fell to 0.7530 U.S. dollar from 0.7596 dollar.

The U.S. dollar bought 103.68 Japanese yen, higher than 103.34 Japanese yen of the previous session. The U.S. dollar rose to 0.8901 Swiss franc from 0.8846 Swiss franc, and it rose to 1.2902 Canadian dollars from 1.2829 Canadian dollars. Enditem

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