U.S. dollar declines amid geopolitical tensions

Source: Xinhua| 2017-09-06 04:19:26|Editor: huaxia
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NEW YORK, Sept. 5 (Xinhua) -- The U.S. dollar fell against other major currencies on Tuesday amid rising geopolitical tensions between the Democratic People's Republic of Korea (DPRK) and the U.S.

The DPRK on Sunday detonated a hydrogen bomb that can be carried by an intercontinental ballistic missile, DPRK's Central Television announced.

Tensions between the United States and the DPRK has been escalating recently especially after Trump said the DPRK would face "fire and fury" if it continued to threaten the United States.

Investors increased their exposure to safe-haven currencies including Japanese yen and Swiss franc.

The dollar index, which measures the greenback against six major peers, was down 0.24 percent at 92.410 in late trading.

In late New York trading, the euro rose to 1.1905 U.S. dollars from 1.1867 U.S. dollars, and the British pound climbed to 1.3027 U.S. dollars from 1.2955 U.S. dollars. The Australian dollar increased to 0.7990 U.S. dollar from 0.7970 U.S. dollar.

The U.S. dollar bought 108.79 Japanese yen, lower than 110.23 yen of the previous session. The U.S. dollar declined to 0.9555 Swiss franc from 0.9649 Swiss franc, and it edged down to 1.2382 Canadian dollars from 1.2394 Canadian dollars. Enditem

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