Xinhua
27 Oct 2020, 01:14 GMT+10
NEW YORK, Oct. 26 (Xinhua) -- The U.S. dollar climbed in late trading on Monday as safe-haven demand increased amid surging COVID-19 cases.
The dollar index, which measures the greenback against six major peers, rose 0.29 percent at 93.0472.
In late New York trading, the euro fell to 1.1812 U.S. dollars from 1.1857 dollars in the previous session, and the British pound was down to 1.3018 dollars from 1.3034 U.S. dollars in the previous session. The Australian dollar fell to 0.7125 U.S. dollar from 0.7134 dollar.
The U.S. dollar bought 104.84 Japanese yen, higher than 104.73 Japanese yen of the previous session. The U.S. dollar rose to 0.9073 Swiss franc from 0.9044 Swiss franc, and it increased to 1.3201 Canadian dollars from 1.3144 Canadian dollars.
The moves came as new coronavirus cases continued to soar in some major economies including the United States and Europe.
The United States saw more than 83,000 new infections both on Friday and Saturday, exceeding a previous single-day record of about 77,300 cases set in July, according to data compiled by Johns Hopkins University.
The global COVID-19 caseload has surpassed 43.3 million with the death toll over 1.15 million as of Monday afternoon, showed a tally by the university.
Get a daily dose of South East Asia Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to South East Asia Post.
More InformationROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
CAIRO, Egypt: This week, both Hamas and Israel shared their views ahead of expected peace talks about a new U.S.-backed ceasefire plan....
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...
MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...