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U.S. dollar jumps amid safe-haven demand

NEW YORK
2022-08-16 03:37

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NEW YORK, Aug. 15 (Xinhua) -- The U.S. dollar appreciated markedly in late trading on Monday as market participants looked for safe havens amid concerns over slowing global growth.

The dollar index, which measures the greenback against six major peers, increased 0.87 percent to 106.5450.

In late New York trading, the euro fell to 1.0157 U.S. dollars from 1.0269 dollars in the previous session, and the British pound decreased to 1.2055 dollars from 1.2141 U.S. dollars in the previous session. The Australian dollar was down to 0.7021 U.S. dollar from 0.7129 dollar.

The U.S. dollar bought 133.31 Japanese yen, lower than 133.49 Japanese yen of the previous session. The U.S. dollar rose to 0.9468 Swiss franc from 0.9417 Swiss franc, and it rose to 1.2909 Canadian dollars from 1.2777 Canadian dollars.

Traders awaited U.S. economic highlights this week, including July retail sales and the Fed's minutes both slated for release on Wednesday.
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