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U.S. dollar gains amid coronavirus worries

Xinhua News,NEW YORK
2020-06-19 03:38

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NEW YORK, June 18 (Xinhua) -- The U.S. dollar rose in late trading on Thursday as traders continued to search for safe haven amid concerns over a resurgence of coronavirus infections across the country.

The dollar index, which measures the greenback against six major peers, was up 0.27 percent at 97.4271.

In late New York trading, the euro was down to 1.1207 U.S. dollars from 1.1229 dollars in the previous session, and the British pound fell to 1.2419 dollars from 1.2537 dollars in the previous session. The Australian dollar decreased to 0.6846 U.S. dollar from 0.6890 U.S. dollar.

The U.S. dollar bought 106.82 Japanese yen, lower than 107.09 Japanese yen of the previous session. The U.S. dollar rose to 0.9510 Swiss franc from 0.9496 Swiss franc, and it increased to 1.3604 Canadian dollars from 1.3567 Canadian dollars.

A rapid increase in new coronavirus cases in several U.S. states has raised questions about a swift economic recovery from the pandemic, experts noted.
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