U.S. dollar climbs as sterling weakens


  • World
  • Saturday, 02 Jul 2022

NEW YORK, July 1 (Xinhua) -- The U.S. dollar appreciated in late trading on Friday amid weakness in the British pound.

The dollar index, which measures the greenback against six major peers, rose 0.43 percent to 105.1400.

Sterling fell noticeably after data released Friday showed the slowdown in the UK manufacturing sector continued in June, as output growth ground to a near-standstill pace and new orders contracted.

In late New York trading, the euro was down to 1.0428 U.S. dollars from 1.0483 dollars in the previous session, and the British pound was down to 1.2096 dollars from 1.2182 U.S. dollars in the previous session. The Australian dollar fell to 0.6819 U.S. dollar from 0.6907 dollar.

The U.S. dollar bought 135.25 Japanese yen, lower than 135.55 Japanese yen of the previous session. The U.S. dollar was up to 0.9599 Swiss franc from 0.9535 Swiss franc, and it increased to 1.2888 Canadian dollars from 1.2871 Canadian dollars.

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