Mon, 30 Jan 2023

NEW YORK, Dec. 6 (Xinhua) -- The U.S. dollar appreciated in late trading on Tuesday as traders bet on further interest rate hikes by the Federal Reserve.

The dollar index, which measures the greenback against six major peers, increased 0.27 percent to 105.5760, following a 0.71 percent jump in the prior session.

The rally came as recent upbeat U.S. economic data reinforced expectations that the Fed could continue its aggressive policy tightening path.

The U.S. central bank's next meeting, also its final policy meeting of this year, falls on Dec. 13-14.

In late New York trading on Tuesday, the euro was down to 1.0467 U.S. dollars from 1.0495 dollars in the previous session, and the British pound was down to 1.2142 U.S. dollars from 1.2176 dollars in the previous session.

The U.S. dollar bought 136.90 Japanese yen, higher than 136.64 Japanese yen of the previous session. The U.S. dollar was down to 0.9419 Swiss francs from 0.9426 Swiss francs, and it was up to 1.3657 Canadian dollars from 1.3589 Canadian dollars. The U.S. dollar rose to 10.4210 Swedish Kronor from 10.4005 Swedish Kronor.

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