The U.S. dollar traded lower against most major currencies on Thursday as traditional safe-haven currencies continued to rose amid political tension.
Analysts said risk aversion is still a big concern for markets as tension between the United States and the Democratic People's Republic of Korea (DPRK) continues.
On Tuesday, U.S. President Donald Trump issued a warning to the DPRK that appeared to threaten a nuclear war with the Asian country. In response, the DPRK warned of preemptive strikes against the U.S. military base of Guam in the Pacific.
The dollar index, which measures the greenback against six major peers, was down 0.06 percent at 93.491 in late trading.
In late New York trading, the euro rose to 1.1756 U.S. dollars from 1.1753 U.S. dollars, and the British pound fell to 1.2975 U.S. dollars from 1.3002 U.S. dollars. The Australian dollar increased to 0.7888 U.S. dollar from 0.7882 U.S. dollar.
The U.S. dollar bought 109.32 Japanese yen, lower than 109.90 yen of the previous session. The U.S. dollar declined to 0.9637 Swiss franc from 0.9638 Swiss franc, and it edged up to 1.2719 Canadian dollars from 1.2702 Canadian dollars. Enditem
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