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U.S. dollar rises amid declining sterling

2019-06-26 05:12

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The U.S. dollar rebounded in late trading on Tuesday, amid a weakening British pound, as investors grew concerned over a no-deal Brexit later this year.

Former British Foreign Secretary Boris Johnson said on Tuesday that he would push for an on-time Brexit on Oct. 31 either with or without a deal.

The dollar index, which measures the greenback against six major peers, was up 0.17 percent at 96.1445 in late trading.

In late New York trading, the euro was down to 1.1372 dollars from 1.1400 dollars in the previous session, and the British pound fell to 1.2694 dollars from 1.2742 U.S. dollars in the previous session. The Australian dollar decreased to 0.6959 dollar from 0.6966 dollar.

The U.S. dollar bought 107.14 Japanese yen, lower than 107.31 Japanese yen of the previous session. The U.S. dollar rose to 0.9751 Swiss franc from 0.9721 Swiss franc, and it decreased to 1.3181 Canadian dollars from 1.3188 Canadian dollars. Enditem

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