NEW YORK, Feb. 21 (Xinhua) — The U.S. dollar strengthened in late buying and selling on Tuesday as market individuals sifted by way of recent financial information.
The dollar index, which measures the buck in opposition to six main friends, elevated 0.31 p.c to 104.1723.
In late New York buying and selling, the euro was all the way down to 1.0649 U.S. {dollars} from 1.0698 {dollars} within the earlier session, and the British pound elevated to 1.2109 U.S. {dollars} from 1.2049 {dollars} within the earlier session.
The U.S. dollar purchased 134.95 Japanese yen, greater than 134.14 Japanese yen of the earlier session. The U.S. dollar rose to 0.9274 Swiss francs from 0.9245 Swiss francs, and it climbed to 1.3533 Canadian {dollars} from 1.3468 Canadian {dollars}. The U.S. dollar decreased to 10.3603 Swedish Kronor from 10.4456 Swedish Kronor.
On the financial entrance, flash U.S. manufacturing PMI (Purchasing Managers’ Index) rose to 47.8 in February from prior month’s studying of 46.9, S&P Global reported Tuesday.
The information additionally confirmed the S&P Global flash U.S. companies enterprise exercise index posted 50.5 in February, up from 46.8 in January, and signaled the primary enlargement in service sector output since June 2022.