U.S. dollar rises after FBI clears Clinton in email probe

The U.S. dollar climbed against most major currencies on Monday after the Federal Bureau of Investigation (FBI) said it will not press charges on Democratic presidential nominee Hillary Clinton over her use of a private email server.

FBI Director James Comey on Sunday informed U.S. House members that the FBI has not changed its July advice not to charge Clinton over her use of personal email server during her stay in the State Department.

In a letter to several members of Congress, Comey said the agency had finished its review and found nothing to change its position.

The news greatly boosted Clinton' s campaign before Tuesday' s U.S. presidential election, sending the greenback up nearly 1 percent during the session on Monday.

Analysts said investors in general view a Clinton victory as the better outcome, as it presents fewer unknowns and possibly more stability for markets than the winning of her Republican rival Donald Trump.

The dollar index, which tracks the greenback against six major peers, was up 0.73 percent to 97.778 in late trading.

In late New York trading, the euro fell to 1.1040 dollars from 1.1119 dollars, and the British pound dropped to 1.2397 dollars from 1.2505 dollars. The Australian dollar rose to 0.7718 dollars from 0.7677 dollars.

The dollar bought 104.52 Japanese yen, higher than 103.15 yen in the previous session. The dollar inched up to 0.9751 Swiss francs from 0.9698 Swiss francs, and it declined to 1.3370 Canadian dollars from 1.3410 Canadian dollars. Enditem