The U.S. dollar decreased over 0.4 percent on Monday due to worries on escalation of trade disputes between the United States and China.
The index of U.S. dollar witnessed substantial decrease in the afternoon session on Monday.
The U.S. government is expected to make an announcement on trade with China later Monday probably with the imposition of new tariffs, according to President Donald Trump.
The dollar index, which measures the greenback against six major peers, fell 0.45 percent to 94.4990 at 3:00 p.m. in late trading of the day.
In late New York trading, the euro increased to 1.1685 dollars from 1.1632 dollars in the previous session, and the British pound was up to 1.3161 dollars from 1.3066 U.S. dollars in the previous session.
The Australian dollar rose to 0.7181 dollar from 0.7165 dollar.
The U.S. dollar bought 111.87 Japanese yen, lower than 112.01 Japanese yen of the previous session. The U.S. dollar was down to 0.9623 Swiss franc from 0.9668 Swiss franc, and it decreased to 1.3026 Canadian dollars from 1.3031 Canadian dollars.
The index of U.S. dollar witnessed substantial decrease in the afternoon session on Monday.
The U.S. government is expected to make an announcement on trade with China later Monday probably with the imposition of new tariffs, according to President Donald Trump.
The dollar index, which measures the greenback against six major peers, fell 0.45 percent to 94.4990 at 3:00 p.m. in late trading of the day.
In late New York trading, the euro increased to 1.1685 dollars from 1.1632 dollars in the previous session, and the British pound was up to 1.3161 dollars from 1.3066 U.S. dollars in the previous session.
The Australian dollar rose to 0.7181 dollar from 0.7165 dollar.
The U.S. dollar bought 111.87 Japanese yen, lower than 112.01 Japanese yen of the previous session. The U.S. dollar was down to 0.9623 Swiss franc from 0.9668 Swiss franc, and it decreased to 1.3026 Canadian dollars from 1.3031 Canadian dollars.
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