Fri, 10 Jul 2020

U.S. dollar hits euro, pound, Aussie dollar

Lola Evans
21 May 2019, 18:02 GMT+10

<p>SYDNEY, Australia - The U.S. dollar tanked on Tuesday in Asia due to what appears to be a looming trade war between the U.S. and China.</p><p>There was little movement in stocks, with indices closing the day mixed.</p><p>The euro dived to 1.1150 by the close in Sydney on Tuesday. The British pound plummeted to 1.2691.</p><p>The Japanese yen and Swiss franc remained weak at 110.11 and 1.0099 respectively.</p><p>The Canadian dollar was little changed at 1.3427.</p><p>The Australian dollar however gave up all its gains of the previous day, following the surprising Federal election result. The Aussie was last quoted on Tuesday in Sydney at 0.6877.</p><p>The New Zealand dollar sank further, last fetching 0.6508.</p><p>In Tokyo, the Nikkei 225 lost 29.28 points or 0.14% to 21,272.45.</p><p>The Shanghai Composite gained 35.36 points or 1.23% to 2,905.97.</p><p>The Australian All Ordinaries added 19.70 points or 0.30% to 6,584.50.</p>

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