Dollar rises against euro

AFP, TOKYO: The dollar rose against the euro and yen in Asia yesterday, adding to gains driven by a US Federal Reserve official’s support for a September interest rate hike.
In Tokyo, the dollar fetched 124.40 yen, against 124.36 yen in New York and 123.98 yen in Tokyo earlier Tuesday.
The euro edged down to $1.0864 and 135.10 yen from $1.0882 and 135.32 yen in US trade.
On Tuesday, the dollar advanced against other major currencies after Fed Reserve Bank of Atlanta President Dennis Lockhart told The Wall Street Journal that he supports lifting rates in September barring an unexpected downturn in the world’s top economy.

 

Dollar rises against euro

AFP, TOKYO: The dollar rose against the euro and yen in Asia yesterday, adding to gains driven by a US Federal Reserve officials support for a September interest rate hike. In Tokyo, the dollar fetched 124.40 yen, against 124.36 yen in New York and 123.98 yen in Tokyo earlier Tuesday. The euro edged down to $1.0864 and 135.10 yen from $1.0882 and 135.32 yen in US trade. On Tuesday, the dollar advanced against other major currencies after Fed Reserve Bank of Atlanta President Dennis Lockhart told The Wall Street Journal that he supports lifting rates in September barring an unexpected downturn in the worlds top economy.