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​U.S. dollar trades mixed amid political tension

NEW YORK
2017-08-10 08:42

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The U.S. dollar traded mixed against other major currencies on Wednesday as traditional safe-haven currencies rose amid tension between the United States and the Democratic People's Republic of Korea (DPRK).

On Tuesday, U.S. President Donald Trump issued a warning to the DPRK. In response, the DPRK warned of preemptive strikes against the U.S. military base of Guam in the Pacific.

Analysts said the news made investors a little uneasy, and as a result safe-haven currencies such as the Swiss franc and Japanese yen rose on Wednesday.
The dollar index, which measures the greenback against six major peers, was down 0.13 percent at 93.528 in late trading.

In late New York trading, the euro fell to 1.1753 U.S. dollars from 1.1758 U.S. dollars, and the British pound climbed to 1.3002 U.S. dollars from 1.2981 U.S. dollars. The Australian dollar decreased to 0.7882 U.S. dollar from 0.7915 U.S. dollar.

The U.S. dollar bought 109.90 Japanese yen, lower than 110.48 yen of the previous session. The U.S. dollar declined to 0.9638 Swiss franc from 0.9752 Swiss franc, and it edged up to 1.2702 Canadian dollars from 1.2658 Canadian dollars. Enditem
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