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U.S. dollar jumps as euro slides

NEW YORK, June 1 (Xinhua) — The U.S. dollar rose noticeably in late buying and selling on Wednesday amid weak point within the euro.

The dollar index, which measures the buck towards six main friends, elevated 0.73 % to 102.4980.

The euro, the biggest element of the index, prolonged losses after information confirmed eurozone inflation hit a document 8.1 % in May amid surging power and meals prices.

In late New York buying and selling, the euro fell to 1.0659 U.S. {dollars} from 1.0740 {dollars} within the earlier session, and the British pound decreased to 1.2493 U.S. {dollars} from 1.2604 {dollars} within the earlier session. The Australian dollar was as much as 0.7188 U.S. {dollars} from 0.7177 U.S. {dollars}.

The U.S. dollar purchased 130.16 Japanese yen, greater than 128.65 Japanese yen of the earlier session. The U.S. dollar was as much as 0.9626 Swiss franc from 0.9587 Swiss franc, and it decreased to 1.2632 Canadian {dollars} from 1.2644 Canadian {dollars}.

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