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U.S. dollar ticks down

<p>NEW YORK: The U.S. dollar weakened in late trading on Wednesday.</p> <p>The dollar index, which measures the greenback against six major peers, decreased by 0.08 percent to 99.595 at 3 p.m. (1900 GMT).</p> <p>In late New York trading, the euro fell to 1.1586 dollars from 1.1590 U.S. dollars in the previous session, and the British pound dropped to 1.3487 dollars from 1.3514 dollars in the…

U.S. dollar ticks down

The U.S. dollar experienced a slight decline in late trading on Wednesday, according to The Peninsula Qatar Business. The dollar index, which tracks the greenback against six major currencies, decreased by 0.08 percent to 99.595 at 3 p.m. GMT. During the same period, the euro dropped to 1.1586 dollars from 1.1590 in the previous session, while the British pound fell to 1.3487 dollars from 1.3514.

The U.S. dollar also weakened against the Japanese yen, Swiss franc, Canadian dollar, and Swedish kronor, with a notable drop of 0.25 yen, 0.012 francs, 0.0054 dollars, and 0.0051 kronor respectively.

Brief written by urgent.news from The Peninsula Qatar Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thepeninsulaqatar.com →

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