Doha, Qatar: The US dollar fell broadly in early Asian trade yesterday, although it got some support from rising US Treasury yields, amid expectations that the Federal Reserve could raise interest rates again, even if it refrains from doing so next week.
The US dollar index fell slightly to 104.02, but it was not far from the two-month high it reached last week, with US Treasury yields rising. While the Canadian dollar settled in its latest transactions at 1.3365 per dollar.
The pound sterling rose 0.08 percent to 1.2449 dollars and the euro rose 0.08 percent also to 1.0707 dollars. Against the yen, the dollar fell 0.21 percent to 139.85 and the Chinese yuan settled at 7.1469 per dollar, while the Australian dollar rose 0.18 percent to $0.6665.
The New Zealand counterpart rose 0.22 percent to $0.6050 and the Turkish lira fell to a record low of $0.6050. 23.39 per dollar.
