NEW YORK, Dec. 19 (Xinhua) — The U.S. dollar edged higher in late trade Monday as market participants gauged the likelihood of a global recession amid central bank tightening.
The dollar index, which measures the greenback against six major peers, rose 0.03 percent to 104.7320.
In late New York trading, the euro rose to US$1.0603 from US$1.0602 in the previous session, and the British pound was down to US$1.2142 from US$1.2169 in the previous session.
The US dollar bought 136.97 Japanese yen, higher than 136.58 Japanese yen from the previous session. The US dollar fell to 0.9303 Swiss francs from 0.9333 Swiss francs, and it was down to 1.3666 Canadian dollars from 1.3690 Canadian dollars. The US dollar rose to SEK 10.4031 from SEK 10.3966.