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U.S. dollar slides as traders weigh geopolitical risks

by 198 Japan News
March 8, 2022
in JAPAN UK NEWS
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U.S. dollar slides as traders weigh geopolitical risks
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NEW YORK, March 8 (Xinhua) — The U.S. dollar fell in late trading on Tuesday after a marked increase in the prior session.

The dollar index, which measures the greenback against six major peers, slipped 0.23 percent at 99.0640, following a 0.65-percent jump on Monday.

Market participants continued to monitor the Ukraine crisis and assess potential economic consequences resulting from imposed sanctions.

In late New York trading, the euro increased to 1.0909 U.S. dollars from 1.0858 dollars in the previous session, and the British pound rose to 1.3105 dollars from 1.3103 U.S. dollars in the previous session. The Australian dollar fell to 0.7276 U.S. dollar from 0.7328 dollar.

The U.S. dollar bought 115.73 Japanese yen, higher than 115.31 Japanese yen of the previous session. The U.S. dollar was up to 0.9291 Swiss franc from 0.9261 Swiss franc, and it increased to 1.2888 Canadian dollars from 1.2806 Canadian dollars.

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