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US dollar rises in risk-averse sentiment

New York, June 29 (Xinhua)-The US dollar rose as risk-averse desires increased in the market and demand for safe currencies increased in late Tuesday trading.

The dollar index, which measures greenbacks for the six major peers, rose 0.18 percent at 92.0547.

In the second half of New York trading, the euro fell from $ 1.1923 in the previous session to $ 1.1901 and the pound sterling fell from $ 1.3877 in the previous session to $ 1.3849. The Australian dollar fell from $ 0.7565 to $ 0.7514.

The US dollar bought 110.51 yen, which was lower than the previous 110.53 yen. The US dollar rose from CHF 0.9197 to CHF 0.9210 and from CAD 1.2342 to CAD 1.2392.

The above market reaction arose as traders feared that a new coronavirus outbreak would slow the recovery of the global economy.

US dollar rises in risk-averse sentiment

Source link US dollar rises in risk-averse sentiment

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