New York: The US dollar was softer today, trading near its lowest level in four months against major currencies as concerns over a global trade war troubled investors, lifting safe havens such as the yen and the Swiss franc. The US dollar index, which measures the currency against six major peers, eased 0.1% to 103.59, and the dollar fell more than 3% last week against major rivals.
According to Oman News Agency, the yen was 0.5% firmer at 147.27 per dollar, and the Swiss franc reached a three-month high of $0.87665 in early trading. The euro rose 0.3% to $1.086725, marking its best weekly performance since 2009 last week.
In other currency movements, sterling increased by 0.16% to $1.2941, while the Australian dollar rose by 0.14% to $0.6315. Meanwhile, the New Zealand dollar last stood at $0.57225.