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 Irish Sun 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 Irish Sun.
More InformationWASHINGTON, D.C.: The Trump administration announced this week that it will create a fast-track approval process for energy and mining...
JERUSALEM - More than 80 ambassadors and heads of mission from across the world were addressed by Israeli Prime Minister Benjamin Netanyahu...
WASHINGTON, D.C.: U.S. lawmakers are turning up the heat on China's biggest telecom firms, issuing subpoenas to compel their cooperation...
BRUSSELS, Belgium: European pharmaceutical companies are pushing for higher drug prices across the EU, warning that current pricing...
WASHINGTON, D.C.: A nuclear power plant in Michigan is hoping to become the first in the U.S. to restart after being permanently shut...
WASHINGTON, D.C.: This week, the Federal Aviation Administration (FAA) said it is taking steps to stop collisions between helicopters...
BRUSSELS, Belgium: European pharmaceutical companies are pushing for higher drug prices across the EU, warning that current pricing...
TOKYO, Japan: Toyota's Hino Motors and Daimler Truck's Mitsubishi Fuso are edging closer to a long-awaited merger of their truck operations,...
DUBLIN, Ireland: Ireland has one of the EU's highest rates of violent assault, according to new figures published by the European Commission,...
DUBLIN, Ireland: Social media companies could soon be required to disable addictive algorithm-driven feeds for children, under a new...
DUBLIN, Ireland: More than a millennium after they were carried abroad for safekeeping, a collection of early Irish monastic manuscripts...
(250429) -- MADRID, April 29, 2025 (Xinhua) -- A traffic light ceases to operate due to power outage in Madrid, Spain, April 28, 2025....