Wednesday, March 23rd, 2016

Brussels explosion weaken European currencies; US dollar rises

Narada Desk | March 23, 2016 11:39 am Print

us dollar

The US dollar increased against the European currencies including euro and sterling as investors estimated the impacts of explosions in Brussels that left at least 34 dead.

Yesterday, the euro fell to $1.1212 from $1.1248 of the previous session, and the British pound went down to $1.4201 from $1.4396, Xinhua news agency reported. Meanwhile the Australian dollar increased to $0.7615 from $0.7595.

The dollar bought 112.41 Japanese yen, higher than 111.86 yen of the previous session. The dollar increased to 0.9730 Swiss francs from 0.9697 Swiss francs, and it fell down to 1.3047  from 1.3067 Canadian dollars.

The euro, sterling and Swiss francs, weakened against the greenback following the Brussels attacks. The sterling slipped more than 1.1 percent against the US dollar during the session.

The dollar index, which measures the greenback against six major peers, was up 0.42 percent at 95.691.

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