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U.S. dollar rises amid Fed rate hike expectation
2016/1/13 9:07:55

  NEW YORK, Jan. 12 (Xinhua) -- The U.S. dollar gained Tuesday asmarket expected the Federal Reserve to continue the interest ratehike in 2016.

  Given the considerable improvement in labor market, tradersbelieved that the U.S. central bank will continue the rate hike,while central banks in Japan and Europe were expected to unleashfurther stimulus.

  On the economic front, the number of job openings was littlechanged at 5.4 million on the last business day of November, theU.S. Labor Department reported Tuesday.

  The U.S. dollar index, which measures the greenback against sixother major currencies, was up 0.24 percent at 98.981 in latetrading.

  In late New York trading, the euro fell to 1.0856 U.S. dollarsfrom 1.0875 dollars of the previous session, and the British pounddecreased to 1.4430 U.S. dollars from 1.4548 dollars. TheAustralian dollar went down to 0.6981 U.S. dollar from 0.6982dollar.

  The U.S. dollar bought 117.59 Japanese yen, higher than 117.5yen of the previous session. The dollar moved up to 1.0019 Swissfrancs from 0.9997 Swiss franc and moved up to 1.4280 Canadiandollars from 1.4222 Canadian dollars. Enditem