The U.S. dollar rose broadly against major currencies on Wednesday, as investors breathed a sigh of relief following President Donald Trump's retreat from his threat to dismiss Federal Reserve Chairman Jerome Powell.
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According to Bloomberg News, the dollar climbed 0.75% during Asian trading to reach 142.68 against the Japanese yen, and 0.7% to 0.8249 against the Swiss franc.
The euro fell by 0.49% to 1.1363 dollars, while the British pound declined 0.39% to 1.3281 dollars.
The Australian dollar rose 0.3% to 0.6385 U.S. dollars, and the New Zealand dollar increased 0.11% to 0.597 U.S. dollars.
In the cryptocurrency market, Bitcoin surged by 2.7% to reach $93,671.97, surpassing the $90,000 mark for the first time since last March.
On Tuesday, the dollar had fallen, nearing its lowest level in three years.
— (Petra News Agency)
