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U.S. dollar rises as euro slips

NEW YORK
2022-09-07 03:46

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NEW YORK, Sept. 6 (Xinhua) -- The U.S. dollar appreciated in late trading on Tuesday amid weakness in the euro.

The dollar index, which measures the greenback against six major peers, increased 0.35 percent to 110.2140.

In late New York trading, the euro fell to 0.9914 U.S. dollars from 0.9926 dollars in the previous session, and the British pound was up to 1.1523 U.S. dollars from 1.1513 dollars in the previous session. The Australian dollar decreased to 0.6735 U.S. dollars from 0.6795 dollars.

The U.S. dollar bought 142.84 Japanese yen, higher than 140.59 Japanese yen of the previous session. The U.S. dollar rose to 0.9843 Swiss francs from 0.9796 Swiss francs, and it increased to 1.3149 Canadian dollars from 1.3141 Canadian dollars.

On the economic front, U.S. services purchasing managers' index (PMI) rose to 56.9 percent in August from 56.7 percent in the prior month, the Institute for Supply Management reported Tuesday. A reading above 50 percent indicates expansion in the sector, while a reading below signifies contraction.
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