HomeLatestU.S. dollar weakens broadly

U.S. dollar weakens broadly

NEW YORK, Sept. 9 (Xinhua) — The U.S. dollar decreased in opposition to main rivals in late buying and selling on Friday.

The dollar index, which measures the dollar in opposition to six main friends, fell 0.64 p.c to 109.0030.

In late New York buying and selling, the euro elevated to 1.0045 U.S. {dollars} from 0.9994 {dollars} within the earlier session, and the British pound was as much as 1.1589 U.S. {dollars} from 1.1500 {dollars} within the earlier session. The Australian dollar rose to 0.6842 U.S. {dollars} from 0.6748 U.S. {dollars}.

The U.S. dollar purchased 142.68 Japanese yen, decrease than 144.01 Japanese yen of the earlier session. The U.S. dollar decreased to 0.9607 Swiss francs from 0.9716 Swiss francs, and it fell to 1.3032 Canadian {dollars} from 1.3095 Canadian {dollars}.

The above market reactions got here as merchants evaluated how massive the upcoming price hike can be when the Federal Reserve meets later this month.

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