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1st LD Writethru: U.S. dollar rises against European currencies after Brussels attacks

Xinhua, March 23, 2016 Adjust font size:

The U.S. dollar increased against the euro and sterling on Tuesday as investors assessed the impacts of explosions in Brussels that left dozens dead.

Official data showed that at least 34 people were killed in explosions on Tuesday at Brussels airport and on a city subway train.

World leaders strongly denounced the terrorist attacks and expressed their condolences, calling for concerted efforts to fight against global terrorism.

European currencies including the euro, sterling and Swiss francs, weakened against the greenback following the attacks. The sterling slipped more than 1.1 percent against the U.S. dollar during the session on Tuesday.

The dollar index, which measures the greenback against six major peers, was up 0.42 percent at 95.691 in late trading.

On the economic front, the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers' Index (PMI) came in at 51.4 in March, missing market consensus of 52.4.

In late New York trading, the euro fell to 1.1212 dollars from 1.1248 dollars of the previous session, and the British pound dropped to 1.4201 dollars from 1.4396 dollars. The Australian dollar went up to 0.7615 dollars from 0.7595 dollars.

The dollar bought 112.41 Japanese yen, higher than 111.86 yen of the previous session. The dollar increased to 0.9730 Swiss francs from 0.9697 Swiss francs, and it inched down to 1.3047 Canadian dollars from 1.3067 Canadian dollars. Endit