The US dollar gained on Tuesday as US Senate passed US debt bill. The dollar index DXY which measures the greenback’s performance against its major six rival currencies jumped to 74.496 on Tuesday as compared to 74.443 before the approval the debt bill.
The US dollar gained to 77.06 against the US dollar on Tuesday as compared to 76.27 on Monday’s North American trading session. The greenback also strengthened against the single currency as the euro declined to 1.4196 as on Tuesday as compared to 1.4268 on Monday’s late trading hours.
However against the Swiss franc US dollar plunged heavily and reached its record low of 76.40 on Tuesday. Swiss franc remained main focus of the investors due to safe haven status.
Australian dollar also weakened against the US unit and fell 1.7 percent on Tuesday against the greenback to 1.0791.
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