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U.S. dollar rises amid falling British pound
Last Updated: 2019-03-22 10:28 | Xinhua
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The U.S. dollar rose in late trading on Thursday, amid a slump in the sterling due to broad fears of a no-deal Brexit.

European Union (EU) leaders gathered on Thursday in Brussels to forge a common response to British Prime Minister Teresa May's request during a 24-hour European Council summit.

After her accord on a divorce with the European bloc was twice-rejected by parliament, May demanded on Wednesday President of the European Council Donald Tusk postpone Brexit until June 30, in a further attempt to persuade lawmakers to support her Brexit deal.

French President Emmanuel Macron said on Thursday Britain would face a disruptive departure from the EU, if May loses a third parliamentary vote on her Brexit deal next week.

In late New York trading, the euro fell to 1.1353 dollars from 1.1445 dollars in the previous session, and the British pound was down to 1.3075 dollars from 1.3245 U.S. dollars in the previous session. The Australian dollar fell to 0.7107 dollar from 0.7142 dollar.

The U.S. dollar bought 110.77 Japanese yen, higher than 110.62 Japanese yen of the previous session. The U.S. dollar rose to 0.9937 Swiss franc from 0.9900 Swiss franc, and it rose to 1.3376 Canadian dollars from 1.3269 Canadian dollars. Enditem

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