The U.S. dollar decreased against most other major currencies on Friday, as rising geopolitical tensions between the Democratic People's Republic of Korea (DPRK) and the United States weighed on the market.
Tensions between the two countries escalated as the DPRK said Thursday that it may consider testing a hydrogen bomb in the Pacific Ocean. If successfully conducted, the test would be the Asian country's first nuclear test beyond its borders.
Meanwhile, DPRK top leader Kim Jong Un on Friday responded to U.S. President Donald Trump's threat this week to "totally destroy" the DPRK, saying Trump "will face results beyond his expectation."
On the economic front, the seasonally adjusted HIS Markit Flash U.S. Composite PMI Output Index came in at 54.6 in September, down slightly from 55.3 in August and missing market consensus of 54.9.
The dollar index, which measures the greenback against six major peers, decreased 0.12 percent at 92.150 in late trading.
In late New York trading, the euro rose to 1.1948 dollars from 1.1931 dollars in the previous session, and the British pound fell to 1.3531 dollars from 1.3573 U.S. dollars in the previous session. The Australian dollar climbed to 0.7968 dollar from 0.7930 dollar.
The U.S. dollar bought 112.00 Japanese yen, lower than 112.55 yen of the previous session. The U.S. dollar decreased to 0.9699 Swiss franc from 0.9717 Swiss franc, and it moved down to 1.2335 Canadian dollars from 1.2347 Canadian dollars.
Tensions between the two countries escalated as the DPRK said Thursday that it may consider testing a hydrogen bomb in the Pacific Ocean. If successfully conducted, the test would be the Asian country's first nuclear test beyond its borders.
Meanwhile, DPRK top leader Kim Jong Un on Friday responded to U.S. President Donald Trump's threat this week to "totally destroy" the DPRK, saying Trump "will face results beyond his expectation."
On the economic front, the seasonally adjusted HIS Markit Flash U.S. Composite PMI Output Index came in at 54.6 in September, down slightly from 55.3 in August and missing market consensus of 54.9.
The dollar index, which measures the greenback against six major peers, decreased 0.12 percent at 92.150 in late trading.
In late New York trading, the euro rose to 1.1948 dollars from 1.1931 dollars in the previous session, and the British pound fell to 1.3531 dollars from 1.3573 U.S. dollars in the previous session. The Australian dollar climbed to 0.7968 dollar from 0.7930 dollar.
The U.S. dollar bought 112.00 Japanese yen, lower than 112.55 yen of the previous session. The U.S. dollar decreased to 0.9699 Swiss franc from 0.9717 Swiss franc, and it moved down to 1.2335 Canadian dollars from 1.2347 Canadian dollars.
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