US dollar firmer versus leading currencies

Business | 23 Sep 2020 2:07 pm

The U.S. dollar firmed against major currencies today, supported by positive U.S. economic data and concerns about a second wave of coronavirus infections in Europe and Britain.

The dollar edged up to US$1.1675 per euro today, which is the highest since July 27. The pound bought US$1.2721, near the lowest since late July, after British Prime Minister Boris Johnson unveiled on Tuesday new restrictions on business activity to tackle a second wave of the coronavirus.

The dollar climbed to 0.9218 Swiss franc, adding to a 0.6 percent gain from Tuesday.

The U.S. currency climbed to 105.98 yen.

The dollar index, which pits the dollar against a basket of six major currencies, rose to 94.197 on Wednesday, the highest in two months.

 

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