US dollar slides down, trade war b/w China & US
Written by : SMTV24x7 | Sat, Apr 07, 2018, 10:25 AM
New York, April 7: The US dollar index fell against most other major currencies as escalating trade tensions between China and the US weighed on the market, amid weaker-than-expected March jobs report.
In late New York trading on Friday, the euro rose to $1.2285 from $1.2236 in the previous session, and the British pound increased to $1.4085 from $1.4001 in the previous session, Xinhua news agency reported.
The Australian dollar was down to $0.7670 from $0.7682.
The US dollar bought 106.87 Japanese yen, lower than 107.44 Japanese yen of the previous session. The US dollar fell to 0.9587 Swiss francs from 0.9635 Swiss francs, and it climbed to 1.2778 Canadian dollars from 1.2761 Canadian dollars.