The U.S. dollar could face some losses though as currencies that felt stuck and under pressure based on trade woes can take a breather from the signing of phase-one trade deal between the United States and China, according to U.S. foreign exchange and international payment services company Tempus Inc.
Meanwhile, British pound depreciated against the U.S. dollar resulting from weak consumer price index in December 2019 and renewed expectation on interest rate cut in British central bank in January.
British consumer price index in December 2019 stood unchanged from the previous month in comparison of market expectation of 0.2 percent month-on-month expansion, according to data issued on Wednesday.
The dollar index, which measures the greenback against six major peers, decreased 0.14 percent to 97.2310 at 3:00 p.m. (2000 GMT).
In late New York trading, the euro rose to 1.1150 dollars from 1.1129 dollars in the previous session, and the British pound fell to 1.3024 dollars from 1.3028 U.S. dollars in the previous session. The Australian dollar was down to 0.6903 dollar from 0.6904 dollar.
The U.S. dollar bought 109.92 Japanese yen, lower than 109.98 Japanese yen of the previous session. The U.S. dollar was down to 0.9638 Swiss franc from 0.9673 Swiss franc, and it decreased to 1.3042 Canadian dollars from 1.3058 Canadian dollars.
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