U.S. dollar climbs after second U.S. presidential debate
Xinhua, October 11, 2016 Adjust font size:
The U.S. dollar rose against most major currencies on Monday as investors were digesting the latest information from Sunday's second U.S. presidential debate.
Candidates for U.S. president Donald Trump and Hillary Clinton went after each other relentlessly on Sunday night in the second presidential debate, hitting each other hard with scandals.
Trump's campaign has been under fire recently, after a leaked 2005 video of the GOP standard bearer's vulgar remarks about women caused uproar.
With no major data from the country, investors were still sifting through the latest U.S. nonfarm payroll report.
U.S. total nonfarm payroll employment increased by 156,000 in September, lower than the market estimates of 176,000, and the unemployment rate rose slightly to 5 percent, according to the Labor Department Friday.
The nonfarm payroll report had been watched closely by investors to get more clues of the Federal Reserve's next move.
Although the latest reading was below expectation, Cleveland Fed President Loretta Mester said Friday that the jobs report was "solid," adding it's time for the U.S. central bank to raise interest rates.
Some Fed officials said earlier this week that there was a strong case to raise interest rates, and the central bank should not delay rates hikes.
The dollar index, which measures the greenback against six major peers, was up 0.30 percent at 96.921 in late trading.
In late New York trading, the euro fell to 1.1139 dollars from 1.1173 dollars, and the British pound declined to 1.2356 dollars from 1.2441 dollars. The Australian dollar increased to 0.7605 dollars from 0.7577 dollars.
The dollar bought 103.69 Japanese yen, higher than 103.21 yen in the previous session. The dollar inched up to 0.9827 Swiss francs from 0.9792 Swiss francs, and it fell to 1.3170 Canadian dollars from 1.3273 Canadian dollars. Enditem