New York: American dollars strengthened against most major currencies in late trading Monday (Tuesday morning WIB), after falling sharply last week. US dollar strengthens as investors favor riskier currencies after signs US inflation started to cool.
Launch BetweenTuesday, November 15, 2022, the dollar index which measures dollar against a basket of six other major currencies, it rose 0.34% to 106.6590.
At the end of trade in New York, the euro was down at $1.0354 from $1.0366 in the previous session, and the pound was down at $1.1779 from $1.1854 in the previous session. the previous session.
The US Dollar bought 139.88 Japanese Yen, higher from 138.53 Japanese Yen in the previous session. The US dollar fell from 0.9412 Swiss francs to 0.9415 Swiss francs and from 1.3248 Canadian dollars to 1.3286 Canadian dollars. The US dollar fell from 10.3512 Swedish kronor to 10.4512 Swedish kroner.
Last week, the US dollar suffered a major setback, with the dollar index falling more than 4.0%, as a weaker-than-expected US inflation report raised hopes for a rate hike less aggressive than the US dollar. Federal Reserve (Fed).
Don’t forget to follow the other news and follow Google Medcom.id news account
(ANN)
“Bacon aficionado. Hardcore twitter enthusiast. Hipster-friendly pop culture expert. Student. Certified beer buff.”
