NEW YORK, Sept. 20 (Xinhua) — The U.S. dollar elevated in late buying and selling on Tuesday as market members braced for a key choice from the Federal Reserve.
The dollar index, which measures the dollar in opposition to six main friends, rose 0.44 % to 110.2150.
In late New York buying and selling, the euro fell to 0.9972 U.S. {dollars} from 1.0014 {dollars} within the earlier session, and the British pound fell to 1.1370 U.S. {dollars} from 1.1420 {dollars} within the earlier session. The Australian dollar fell to 0.6692 U.S. {dollars} from 0.6714 {dollars}.
The U.S. dollar purchased 143.66 Japanese yen, larger than 143.25 Japanese yen of the earlier session. The U.S. dollar fell to 0.9640 Swiss francs from 0.9655 Swiss francs, and it was as much as 1.3364 Canadian {dollars} from 1.3269 Canadian {dollars}.
The above market reactions got here as merchants paid shut consideration to the Fed. Markets predict the U.S. central financial institution to extend rates of interest by a minimum of 75 foundation factors when it concludes a two-day coverage assembly on Wednesday.