U.S. dollar rebounds after prior session's sharp fall

  • World
  • Thursday, 06 Oct 2022

NEW YORK, Oct. 5 (Xinhua) -- The U.S. dollar strengthened in late trading on Wednesday as positive sentiment in financial markets faded and riskier currencies declined.

The dollar index, which measures the greenback against six major peers, increased 0.91 percent to 111.0740, following a 1.5 percent decrease in the prior session.

In late New York trading, the euro decreased to 0.9895 U.S. dollars from 1 dollar in the previous session, and the British pound was down to 1.1344 U.S. dollars from 1.1479 dollars in the previous session. The Australian dollar rose to 0.6507 dollars from 0.6498 dollars.

The U.S. dollar bought 144.47 Japanese yen, higher than 143.93 Japanese yen of the previous session. The U.S. dollar was up to 0.9825 Swiss francs from 0.9787 Swiss francs, and it increased to 1.3602 Canadian dollars from 1.3510 Canadian dollars.

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