NEW YORK, March 16 (Xinhua) — The U.S. dollar weakened in late trade on Thursday, amid upward momentum in the euro.
The dollar index, which measures the greenback against six major peers, fell 0.21 percent to 104.4151.
The euro, the index’s biggest component, climbed after the European Central Bank (ECB) on Thursday raised interest rates as planned by 50 basis points despite recent turmoil in financial markets.
In late New York trading, the euro was up at US$1.0611 from US$1.0587 in the previous session, and the British pound rose to US$1.2121 from US$1.2077 in the previous session.
The US dollar bought 133.49 Japanese yen, down from 133.50 Japanese yen from the previous session. The US dollar was up to 0.9298 Swiss francs from 0.9285 Swiss francs and it fell to 1.3725 Canadian dollars from 1.3741 Canadian dollars. The US dollar fell to SEK 10.5152 from SEK 10.5693.