NEW YORK, March 20 (Xinhua) — The U.S. dollar weakened in late buying and selling on Monday as merchants cautiously weighed Swiss banking large UBS’s takeover of Credit Suisse.
The dollar index, which measures the buck towards six main friends, decreased 0.42 % to 103.2828.
In late New York buying and selling, the euro rose to 1.0723 U.S. {dollars} from 1.0682 {dollars} within the earlier session, and the British pound was as much as 1.2280 U.S. {dollars} from 1.2197 {dollars} within the earlier session.
The U.S. dollar purchased 131.32 Japanese yen, decrease than 131.67 Japanese yen of the earlier session. The U.S. dollar was as much as 0.9283 Swiss francs from 0.9252 Swiss francs, and it fell to 1.3660 Canadian {dollars} from 1.3719 Canadian {dollars}. The U.S. dollar decreased to 10.3652 Swedish Kronor from 10.4809 Swedish Kronor.
Traders additionally awaited the U.S. Federal Reserve’s two-day coverage assembly that may kick off on Tuesday.