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U.S. Dollar Declines against British Pound

The U.S. dollar declined in late trading on Friday against the British pound on hopes that there will be a Brexit breakthrough.

British Prime Minister Boris Johnson will hold talks with President of the European Commission, Jean-Claude Juncker, on Monday to discuss how Britain leaves the European Union, Downing Street announced on Friday.

The meeting is part of a continuing effort by the British government to seek a Brexit deal before the Halloween deadline, a Downing Street spokeswoman said.

"We are working hard to get a deal and having discussions about a deal, but there is a long way to go," she added.

The dollar index, which measures the greenback against six major peers, decreased 0.06 percent at 98.2532 in late trading.

In late New York trading, the euro decreased to 1.1069 dollars from 1.1073 dollars in the previous session, and the British pound increased to 1.2479 dollars from 1.2345 U.S. dollars in the previous session. The Australian dollar was up to 0.6881 dollar from 0.6866 dollar.

The U.S. dollar bought 108.13 Japanese yen, lower than 108.15 Japanese yen of the previous session. The U.S. dollar rose to 0.9910 Swiss franc from 0.9905 Swiss franc, and it rose to 1.3281 Canadian dollars from 1.3211 Canadian dollars.

(www.chinaview.cn 2019-09-16)