NEW YORK, Feb. 27 (Xinhua) — The U.S. dollar weakened in late buying and selling on Monday as merchants took some earnings off the desk after the buck’s latest rally.
The dollar index, which measures the buck in opposition to six main friends, fell 0.51 % to 104.6775.
In late New York buying and selling, the euro rose to 1.0607 U.S. {dollars} from 1.0551 {dollars} within the earlier session, and the British pound was as much as 1.2057 U.S. {dollars} from 1.1946 {dollars} within the earlier session.
The U.S. dollar purchased 136.24 Japanese yen, decrease than 136.39 Japanese yen of the earlier session. The U.S. dollar was all the way down to 0.9359 Swiss francs from 0.9404 Swiss francs, and it fell to 1.3578 Canadian {dollars} from 1.3604 Canadian {dollars}. The U.S. dollar fell to 10.4012 Swedish Kronor from 10.4959 Swedish Kronor.
The U.S. forex had appreciated noticeably these days to achieve a seven-week excessive on Friday, supported by expectations that U.S. rates of interest will keep greater for longer.