NEW YORK, Dec 21 — The US dollar weakened in late trading on Tuesday, amid strength in Japanese yen reported Xinhua.
The dollar index, which measures the greenback against six major peers, dropped 0.69 per cent to 104.0110.
The yen jumped after the Bank of Japan (BOJ) surprised markets on Tuesday by widening the target range for its 10-year government bond yield. In late New York trading, the euro rose to US$1.0617 from US$1.0603 in the previous session, and the British pound was up to US$1.2162 from US$1.2142 in the previous session.
The US dollar bought 131.58 Japanese yen, lower than 136.97 Japanese yen of the previous session. The US dollar decreased to 0.9266 Swiss francs from 0.9303 Swiss francs, and it was down to 1.3610 Canadian dollars from 1.3666 Canadian dollars. The US dollar rose to 10.4374 Swedish Kronor from 10.4031 Swedish Kronor.
In Chicago, gold futures on the Comex division of the New York Mercantile Exchange rose on Tuesday as the US dollar weakened.
The most active gold contract for February delivery rose US$27.7, or 1.54 per cent, to close at US$1,825.4 per ounce.
Silver for March delivery rose US$1.072, or 4.62 per cent, to close at US$ 24.271 per ounce. Platinum for January delivery rose US$25.3, or 2.56 per cent, to close at US$1,013 per ounce.
— Bernama
