Markets > Currencies

U.S. dollar slips amid rising sterling

2019-04-09 05:03

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NEW YORK, April 8 (Xinhua) -- The U.S. dollar weakened in late trading on Monday amid the rebounding sterling.

Sterling climbed against the dollar as investors were watching whether British Prime Minister Theresa May could convince the European Union to grant a further extension to Britain's exit date from the regional bloc.

The euro also gained ahead of the European Central Bank meeting due Wednesday, with traders expecting further dovish remarks from it.

The dollar index, which measures the greenback against six major peers, fell 0.35 percent at 97.0522 in late trading.

In late New York trading, the euro was up to 1.1261 U.S. dollars from 1.1218 dollars in the previous session, and the British pound increased to 1.3066 dollars from 1.3029 dollars in the previous session. The Australian dollar rose to 0.7126 dollar from 0.7102 dollar.

The U.S. dollar bought 111.51 Japanese yen, lower than 111.70 Japanese yen of the previous session. The U.S. dollar was down to 0.9990 Swiss franc from 0.9999 Swiss franc, and it decreased to 1.3311 Canadian dollars from 1.3388 Canadian dollars. Enditem

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