Xinhua
15 Jan 2022, 03:00 GMT+10
NEW YORK, Jan. 14 (Xinhua) -- The U.S. dollar rose in late trading on Friday, snapping a three-day losing streak.
The dollar index, which measures the greenback against six major peers, increased 0.39 percent at 95.1673.
In late New York trading, the euro was down to 1.1415 U.S. dollars from 1.1460 dollars in the previous session, and the British pound decreased to 1.3676 dollars from 1.3718 U.S. dollars in the previous session. The Australian dollar decreased to 0.7208 U.S. dollar from 0.7288 dollar.
The U.S. dollar bought 114.14 Japanese yen, higher than 114.06 Japanese yen of the previous session. The U.S. dollar increased to 0.9137 Swiss franc from 0.9107 Swiss franc, and it increased to 1.2560 Canadian dollars from 1.2488 Canadian dollars.
The above market moves came after the U.S. dollar index declined 1.24 percent over Tuesday to Thursday amid heavy selling pressure.
On the economic front, U.S. retail sales in December dropped by 1.9 percent from the previous month, marking the largest monthly decline since February, the Commerce Department reported Friday. Economists polled by The Wall Street Journal had forecast a 0.1-percent decline in December retail sales.
Get a daily dose of Europe 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 Europe Sun.
More InformationWASHINGTON, 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...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
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...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...