The euro was the primary beneficiary of a selloff in Chinese stocks Monday, finishing the North American session just below $1.11 as nervous currency speculators unwound trades perceived to be risky in favor of the shared currency.The dollar traded at EURUSD, -0.0902% $1.1096 recently, up nearly 1% from $1.0991 late Friday in New York.
The euro also traded higher against the British pound EURGBP, -0.1403% and the Japanese yen
EURJPY, +0.05%
In recent trade, one dollar bought USDJPY, +0.15% ¥123.18, compared with ¥123.79 late Friday in New York.
The dollar USDRUB, -0.2200% traded higher against the Russian ruble, with one dollar buying 59.60 rubles, compared with 58.45 rubles late Friday in New York. It finished the session flat against the South African rand USDZAR, -0.0166% and slightly higher against the Mexican peso USDMXN, -0.0749%
The WSJ Dollar Index BUXX, -0.01% a measure of the dollar against a basket of major currencies, was down 0.4% at 88.14.
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