NEW YORK, Dec. 23 (Xinhua) — The U.S. dollar fell in late trade on Friday as investors’ risk aversion faded.
The dollar index, which measures the greenback against six major peers, fell 0.11 percent to 104.3250.
In late New York trading, the euro rose to US$1.0619 from US$1.0596 in the previous session, and the British pound rose to US$1.2041 from US$1.2038 in the previous session.
The US dollar bought 132.89 Japanese yen, higher than 132.35 Japanese yen from the previous session. The dollar rose to 0.9340 Swiss francs from 0.9311 Swiss francs. The US dollar weakened to C$1.3597 from C$1.3656, but rose to SEK 10.5168 from SEK 10.4713.
The rise in stock and crude oil futures prices indicated an improvement in market sentiment, leading to weaker demand for safe-haven currencies.
Commodity currencies such as the New Zealand and Australian dollars were the biggest gainers in the quiet market earlier Friday, said a research note from Monex USA, a provider of foreign exchange, risk management and international payment solutions.
The Canadian dollar also got a boost as West Texas Intermediate rose 2.3 percent in thin markets, Monex USA added.
Source: sn.dk