BCN-26 U.S. dollar declines amid Brexit optimism

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ZCZC

BCN-26

US-FOREX

U.S. dollar declines amid Brexit optimism

NEW YORK, Oct. 18, 2019 (BSS/Xinhua) – The U.S. dollar declined against
the British pound on Thursday as Britain and the European Union (EU) reached
a new Brexit deal.

“We now have a newly agreed Protocol that protects peace and stability on
the island of Ireland and fully protects our Single Market. I hope that we
can now bring this over the line and provide the certainty our citizens and
businesses so deserve,” Jean-Claude Juncker, president of the European
Commission, noted in a press release.

The dollar index, which measures the greenback against six major peers,
decreased 0.40 percent at 97.6096 in late trading.

In late New York trading, the euro increased to 1.1123 U.S. dollars from
1.1073 dollars in the previous session, and the British pound was up to
1.2874 dollars from 1.2837 dollars in the previous session. The Australian
dollar rose to 0.6824 dollar from 0.6761 dollar.

The U.S. dollar bought 108.68 Japanese yen, lower than 108.76 Japanese yen
of the previous session. The U.S. dollar fell to 0.9879 Swiss franc from
0.9947 Swiss franc, and it fell to 1.3137 Canadian dollars from 1.3193
Canadian dollars.

BSS/XINHUA/HR/1445