recent YORK (AFP) — The dollar rose against other major currencies amid geopolitical fears throughout North Korea's missile tests and upbeat sentiment in succession the US employment market.
recent YORK (AFP) — The dollar rose against other major currencies amid geopolitical fears throughout North Korea's missile tests and upbeat sentiment in succession the US employment market.
At 2100 GMT the euro was changing hands at 12726 dollars in strange York, compared with 1.2798 dollars late Tuesday in European trading.
The US foreign exchange market was clos Tuesday owing to the Independence Day holiday.
In earlier trading Wednesday, the euro had reached its highest point against the dollar in a month hitting 12839 dollars before slipping back.
The dollar rose to 11571 yen from 11458 yen in succession Tuesday.
"The US dollar strengthened today after reports indicated that North Korea had be produceded with its missile testing," said Nicole Miller, a forex analyst at AG Edwards.
"The missile launch, although it cannot be categorized as an outright attack, was warning enough to push forward the dollar to ...
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