IANS | 23 Apr, 2019
The US dollar dipped slightly against its major rivals in holiday-impacted trading on Monday.
Financial
markets in Australia and many major countries in Europe were closed due
to the Easter holiday. Currency market continued in relatively light
trading, reports Xinhua news agency.
The dollar index, which measures the greenback against six major peers, was down 0.08 per cent at 97.2894 in late trading.
In
late New York trading, the Euro rose to 1.1258 dollars from 1.1245
dollars in the previous session and the British pound fell to 1.2980
dollars from 1.2994 dollars in the previous session. The Australian
dollar was down to 0.7131 dollar from 0.7148 dollar.
The US
dollar bought 111.93 Japanese yen, the same as 111.93 Japanese yen of
the previous session. The US dollar was up to 1.0160 Swiss francs from
1.0143 Swiss francs, and it was down to 1.3344 Canadian dollars from
1.3386 Canadian dollars.
The Canadian dollar got a boost from the rallying oil prices on Monday. Canada is a significant exporter of crude oil.
The
West Texas Intermediate for May delivery rose 1.70 dollars to settle at
65.70 dollars a barrel on the New York Mercantile Exchange, while Brent
crude for June delivery was up 2.07 dollars to close at 74.04 dollars a
barrel on the London ICE Futures Exchange.
