BUSINESS US dollar weakens amid Brexit optimism


US dollar weakens amid Brexit optimism


08:18, October 19, 2019


(File photo: VCG)

NEW YORK, Oct. 18 (Xinhua) -- The U.S. dollar declined on Friday after Britain and the European Union announced Thursday that they have reached a new Brexit deal.

The Euro and the British pound were pushed up against the dollar as the new deal brought about hopes that the European economies could avoid a major blow.

The dollar index, which measures the greenback against six major peers, fell 0.32 percent at 97.2941 in late trading.

In late New York trading, the euro increased to 1.1160 U.S. dollars from 1.1123 dollars in the previous session, and the British pound was up to 1.2945 dollars from 1.2874 dollars in the previous session. The Australian dollar rose to 0.6853 dollar from 0.6824 dollar.

The U.S. dollar bought 108.45 Japanese yen, lower than 108.68 Japanese yen of the previous session. The U.S. dollar fell to 0.9854 Swiss franc from 0.9879 Swiss franc, and it fell to 1.3120 Canadian dollars from 1.3137 Canadian dollars.

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