JAKARTA - The US dollar slightly strengthened against a number of other major currencies at the end of Wednesday's trading (Thursday morning WIB), lifted the increase in the yield of US government bonds as investors differed from the Federal Reserve opinion. The US dollar index, which measures the back against six other major currencies, rose 0.23 percent to 101.9695 at the end of trading. At the end of New York's trading, the euro fell to $1.0952 from $1.0973 in the previous session, and the UK pound rose to $1.2438 from $1.2429 in the previous session. The US dollar was purchased 134.7260 Japanese yen, higher than 134.0580 Japanese yen in the previous session. The US dollar increased to 0.8976 Swiss francs from 0.8970 Swiss francs, and increased to 1.3462 Canadian dollars from 1.3392 Canadian dollars. The US dollar increased to 10.3451 Swedish krona from 10.3073 Swedish krona.Mortgage Bankers Association reported Wednesday April 19 that for the week ended April 14, the US home ownership loan application (hipotek) fell 8.8 percent from one previous week. Previous readings were week growth by 5.3 percent. The yield yield of US government bonds continued to increase as investors digested the hawker's comments of Fed officials. The yield rate of 2-year debt securities briefly reached 4.3 percent on Wednesday while the yield rate of 10-year government bonds lasted above 3.6 percent. But the dollar gain was a temporary suspension, said Bipan Rai, head of North American foreign exchange strategy at CIBC Capital Markets in Toronto, quoted from Antara.
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