U.S. dollar continued to fall on Tuesday, as risk-on sentiment remained with investors on hopes that global trade tensions will possibly be eased.
The Australian dollar, widely seen as a barometer of global risk mood, extended gains against the U.S. dollar, as China and the United States will have a new round of economic and trade consultations in Washington this week.
The British pound also continued to edge higher against the U.S. dollar on Tuesday.
Investors digested the news that British Prime Minister Theresa May will meet European Commission President Jean-Claude Juncker in Brussels on Wednesday to struggle for a consensus for Brexit.
May will present the EU with new legal proposals to solve the Irish backstop issue, a main block to a smooth Brexit, according to the Guardian.
In late New York trading, the euro was up to 1.1340 dollars from 1.1312 dollars in the previous session, and the British pound was up to 1.3067 dollars from 1.2927 U.S. dollars in the previous session. The Australian dollar rose to 0.7169 dollar from 0.7130 dollar.
The U.S. dollar bought 110.65 Japanese yen, higher than 110.58 Japanese yen of the previous session. The U.S. dollar was down to 1.0007 Swiss franc from 1.0041 Swiss franc, and it was down to 1.3212 Canadian dollars from 1.3237 Canadian dollars.
The Australian dollar, widely seen as a barometer of global risk mood, extended gains against the U.S. dollar, as China and the United States will have a new round of economic and trade consultations in Washington this week.
The British pound also continued to edge higher against the U.S. dollar on Tuesday.
Investors digested the news that British Prime Minister Theresa May will meet European Commission President Jean-Claude Juncker in Brussels on Wednesday to struggle for a consensus for Brexit.
May will present the EU with new legal proposals to solve the Irish backstop issue, a main block to a smooth Brexit, according to the Guardian.
In late New York trading, the euro was up to 1.1340 dollars from 1.1312 dollars in the previous session, and the British pound was up to 1.3067 dollars from 1.2927 U.S. dollars in the previous session. The Australian dollar rose to 0.7169 dollar from 0.7130 dollar.
The U.S. dollar bought 110.65 Japanese yen, higher than 110.58 Japanese yen of the previous session. The U.S. dollar was down to 1.0007 Swiss franc from 1.0041 Swiss franc, and it was down to 1.3212 Canadian dollars from 1.3237 Canadian dollars.
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