NEW YORK, Oct. 31 (Xinhua) — The U.S. dollar elevated in late buying and selling on Monday as market members awaited a key assembly of the Federal Reserve.
The dollar index, which measures the dollar in opposition to six main friends, climbed 0.7 % to 111.5280.
In late New York buying and selling, the euro fell to 0.9887 U.S. {dollars} from 0.9958 {dollars} within the earlier session, and the British pound decreased to 1.1470 U.S. {dollars} from 1.1611 {dollars} within the earlier session.
The U.S. dollar purchased 148.62 Japanese yen, increased than 147.51 Japanese yen of the earlier session. The U.S. dollar elevated to 1.0016 Swiss francs from 0.9961 Swiss francs, and it was as much as 1.3627 Canadian {dollars} from 1.3609 Canadian {dollars}. The U.S. dollar rose to 11.0451 Swedish Kronor from 10.9606 Swedish Kronor.
The Fed will kick off its two-day coverage assembly on Tuesday. Markets extensively anticipate the U.S. central financial institution to enact one other 75 foundation level fee hike when the assembly concludes on Wednesday.