US dollar rises on China-US trade optimism

19th January, 2019 10:07:43 printer

NEW YORK: US dollar rose on Friday as optimism on China-U.S. trade relations lifted investor sentiment.

The dollar index, which measures the greenback against six major peers, rose 0.28 percent at 96.3371 in late trading, reports Xinhua.

In late New York trading, the euro decreased to 1.1369 dollars from 1.1390 dollars in the previous session, and the British pound decreased to 1.2871 dollars from 1.2987 U.S. dollars in the previous session. The Australian dollar fell to 0.7167 dollar from 0.7200 dollar.

The U.S. dollar bought 109.78 Japanese yen, higher than 109.26 Japanese yen of the previous session.