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U.S. dollar rises as euro slips

NEW YORK, Sept. 6 (Xinhua) — The U.S. dollar appreciated in late buying and selling on Tuesday amid weak point within the euro.

The dollar index, which measures the buck in opposition to six main friends, elevated 0.35 p.c to 110.2140.

In late New York buying and selling, the euro fell to 0.9914 U.S. {dollars} from 0.9926 {dollars} within the earlier session, and the British pound was as much as 1.1523 U.S. {dollars} from 1.1513 {dollars} within the earlier session. The Australian dollar decreased to 0.6735 U.S. {dollars} from 0.6795 {dollars}.

The U.S. dollar purchased 142.84 Japanese yen, increased than 140.59 Japanese yen of the earlier session. The U.S. dollar rose to 0.9843 Swiss francs from 0.9796 Swiss francs, and it elevated to 1.3149 Canadian {dollars} from 1.3141 Canadian {dollars}.

On the financial entrance, U.S. providers buying managers’ index (PMI) rose to 56.9 p.c in August from 56.7 p.c within the prior month, the Institute for Supply Management reported Tuesday. A studying above 50 p.c signifies growth within the sector, whereas a studying under signifies contraction.

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