Wed, 28 Oct 2020

NEW YORK, Sept. 29 (Xinhua) -- The U.S. dollar weakened in late trading on Tuesday as market participants awaited a U.S. presidential debate.

The dollar index, which measures the greenback against six major peers, fell 0.40 percent at 93.8937.

In late New York trading, the euro was up to 1.1737 U.S. dollars from 1.1664 dollars in the previous session, and the British pound increased to 1.2861 dollars from 1.2837 U.S. dollars in the previous session. The Australian dollar increased to 0.7129 U.S. dollar from 0.7070 dollar.

The U.S. dollar bought 105.68 Japanese yen, higher than 105.52 Japanese yen of the previous session. The U.S. dollar fell to 0.9195 Swiss franc from 0.9245 Swiss franc, and it increased to 1.3385 Canadian dollars from 1.3371 Canadian dollars.

The first debate between President Donald Trump and his Democratic challenger, Joe Biden, scheduled for Tuesday night, is among the key focus for traders this week.

Investors also paid close attention to the update of a fresh U.S. coronavirus aid package.

Democrats from the U.S. House of Representatives unveiled on Monday a 2.2-trillion-U.S.-dollar COVID-19 relief package, attempting to pressure the White House and Republicans to reach a deal before the presidential election in November.

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