Wednesday, 24 July 2019

U.S. dollar falls amid rising sterling

FILE PHOTO: Bundles of banknotes of U.S. Dollar are pictured at a currency exchange shop in Ciudad Juarez, Mexico, January 15, 2018. REUTERS/Jose Luis Gonzalez/File Photo

NEW YORK: U.S. dollar fell on Monday, as investors’ growing optimism on US-China trade relations cut back on the greenback’s safe-haven demand.

In late New York trading, the euro was up to 1.1312 U.S. dollars from 1.1295 dollars in the previous session. The Australian dollar fell to 0.7130 dollar from 0.7139 dollar.

The U.S. dollar bought 110.58 Japanese yen, higher than 110.44 Japanese yen of the previous session. The U.S. dollar was down to 1.0041 Swiss francs from 1.0049 Swiss francs, and it fell to 1.3237 Canadian dollars from 1.3250 Canadian dollars.

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