The dollar rises against 6 other major currencies

The dollar headed towards its highest level in a week at the beginning of Asian trading today, amid investors’ desire for safe havens.

The dollar index, which measures the performance of the US currency against six other major currencies, rose 0.3 percent to 98.485, the highest level since April 13.

The euro fell by 0.3 percent to $1.1731, and the British pound fell by the same percentage to $1.3480.

Against the Japanese currency, the dollar rose by 0.2 percent to 158.945 yen, and it also rose against the Chinese currency by 0.1 percent to 6.8244 yuan in trading outside China.

The Australian dollar fell 0.6 percent to $0.7122, while the New Zealand dollar fell 0.4 percent to $0.5856.

The cryptocurrency Bitcoin fell by 0.7 percent to $74,130.13, while Ether fell by 0.7 percent to $2,266.10.