NEW YORK, Aug. 18 (Xinhua) -- The U.S. dollar fell against most major currencies on Friday amid rising political uncertainty in the White House.
U.S. President Donald Trump said earlier this week that he was disbanding both the Manufacturing Council and Strategy and Policy Forum, as business leaders resigned from the council over his remarks on Charlottesville violence.
Investors have been keeping a close eye on the news, which has weighed on the market in these two sessions.
Moreover, it was reported on Friday that Trump had also removed Steve Bannon from the post of White House chief strategist.
Analysts said recent turmoil in Washington spurred market concerns about whether the Trump administration is able to push through its economic agenda.
The dollar index, which measures the greenback against six major peers, was down 0.17 percent at 93.462 in late trading.
In late New York trading, the euro rose to 1.1758 U.S. dollars from 1.1744 U.S. dollars, and the British pound dropped to 1.2874 U.S. dollars from 1.2879 U.S. dollars. The Australian dollar increased to 0.7937 U.S. dollar from 0.7907 U.S. dollar.
The U.S. dollar bought 109.30 Japanese yen, lower than 109.69 yen of the previous session. The U.S. dollar climbed to 0.9654 Swiss franc from 0.9618 Swiss franc, and it edged down to 1.2569 Canadian dollars from 1.2655 Canadian dollars.
