The US dollar fell against most major currencies in Wednesday's trading. The dollar index, which measures the strength of the greenback against six major currencies, fell 0.3% to 101.4. Against the Japanese yen, the dollar fell 0.9% to 144.22 yen as global financial markets traded in a broadly risk-averse manner. The dollar index reached a level about one percent higher than its low in late August at 100.51. The euro rose 0.3% to $1.1077, recovering from marginal declines earlier in the session. The Canadian dollar also rose 0.2% against its US counterpart, after the Bank of Canada cut its main interest rate by 25 basis points to 4.255. The British pound rose 0.35 to $1.316, after falling to a low of $1.31010 overnight. Source: Qatar News Agency
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