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U.S. dollar ticks up on stabilization of stock markets

Source: Xinhua| 2018-10-13 06:50:16|Editor: Shi Yinglun
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NEW YORK, Oct. 12 (Xinhua) -- The U.S. dollar increased in late trading Friday as stock markets got largely stabilized and expectation of another interest rate hike by Fed remained in place.

The dollar index, which measures the greenback against six major peers, increased 0.22 percent to 95.2221 at 3:00 p.m. (1900 GMT).

In late New York trading, the euro decreased to 1.1563 dollars from 1.1594 dollars in the previous session, and the British pound was down to 1.3162 U.S. dollars from 1.3232 U.S. dollars in the previous session. The Australian dollar increased to 0.7106 dollar from 0.7103 dollar.

The U.S. dollar bought 112.00 Japanese yen, higher than 111.93 Japanese yen of the previous session. The U.S. dollar increased to 0.9907 Swiss franc from 0.9891 Swiss franc, and it decreased to 1.3047 Canadian dollars from 1.3050 Canadian dollars.

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