U.S. dollar move up amid global growth concerns

The U.S. dollar climbed against most other major currencies on Tuesday as worries about a slowdown in global growth weighed on market.

Brexit worries hit Britain's property market and drove the pound to a 31-year low, which also dampened the outlook of the world economy, said Reuters Tuesday.

On the economic front, U.S. new orders for manufactured goods in May, down following two consecutive monthly increases, decreased 4.6 billion U.S. dollars or 1.0 percent to 455.2 billion dollars, the Commerce Department reported Tuesday. This followed a 1.8 percent April increase.

The dollar index, which measures the greenback against six major peers, was up 0.55 percent at 96.175 in late trading.

In late New York trading, the euro fell to 1.1072 dollars from 1.1121 dollars in the previous session, and the British pound declined to 1.3024 dollars from 1.3258 U.S. dollars in the previous session. The Australian dollar decreased to 0.7460 dollar from 0.7485 dollar.

The U.S. dollar bought 101.54 Japanese yen, lower than 102.53 yen of the previous session. The U.S. dollar rose to 0.9769 Swiss franc from 0.9751 Swiss franc, and it gained to 1.2990 Canadian dollars from 1.2902 Canadian dollars. Enditem