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U.S. dollar features amid rising protected haven demand

NEW YORK, June 19 (Xinhua) — The U.S. dollar continued to strengthen on Monday on account of traders’ rising protected haven demand.

The dollar index, which measures the buck towards six main friends, elevated 0.26 % at 102.5239 in late buying and selling.

The fall of main stock indexes on the earth on Monday drove up danger aversion amongst traders although the U.S. stock market remained closed on the event of a federal vacation.

The U.S. dollar index acquired sturdy assist close to the 102 degree and is slowly transferring towards the following resistance within the vary of 103.25 to 103.45, in response to Vladimir Zernov, analyst with market info provider FX Empire.

The U.S. dollar slumped final Thursday after which noticed modest rebound after examined 102.01 on Friday.

In late New York buying and selling, the euro decreased to 1.0919 {dollars} from 1.0942 {dollars} within the earlier session, and the British pound fell to 1.2779 {dollars} from 1.2831 U.S. {dollars} within the earlier session.

The U.S. dollar purchased 141.9470 Japanese yen, greater than 141.8160 Japanese yen of the earlier session. The U.S. dollar rose to 0.8962 Swiss francs from 0.8937 Swiss francs, and it rose to 1.3214 Canadian {dollars} from 1.3183 Canadian {dollars}. The U.S. dollar was as much as 10.7285 Swedish Krona from 10.6299 Swedish Krona.