Bond Yields Drop, US Dollar Finally Slaps

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1NEWS – The exchange rate of the United States (US) dollar weakened at the end of trading Wednesday (20/4) local time.

This follows the rally in the bond yields of the United States (US) stopped.

The US dollar index, which measures the greenback against a basket of six major currencies, fell 0.57 percent to 100.3890.

READ ALSO: The Daily Rupiah Exchange Rate Does Not Move, The US Dollar Burns

In late New York trading, the euro was up to USD 1.0845 from USD 1.0796 in the previous session, and the British pound was up to USD 1.3056 from USD 1.2997 in the previous session.

The Australian dollar rose to USD 0.7441 from USD 0.7374.

READ ALSO: Rupiah Exchange Rate Morning Fire, US Dollar Gets Stronger

The US dollar bought 127.80 Japanese yen, lower than 128.75 Japanese yen in the previous session.

The US dollar fell to 0.9488 Swiss francs from 0.9513 Swiss francs, and fell to 1.2504 Canadian dollars from 1.2624 Canadian dollars.

READ ALSO: US Dollar Strong Again, Other Currencies Made Sluggish

The move above occurred as US bond yields slipped.

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