NEW YORK, June 13 (Xinhua) -- The U.S. dollar climbed noticeably on Monday as investors fled riskier assets for safe-havens after U.S. inflation data unsettled markets.
The dollar index, which measures the greenback against six major peers, jumped 0.89 percent to 105.0730 in late trading.
In late New York trading, the euro decreased to 1.0426 U.S. dollars from 1.0525 dollars in the previous session, and the British pound was down to 1.2141 U.S. dollars from 1.2318 dollars in the previous session. The Australian dollar was down to 0.6930 U.S. dollars from 0.7057 U.S. dollars.
The U.S. dollar bought 134.29 Japanese yen, lower than 134.37 Japanese yen of the previous session. The U.S. dollar was up to 0.9975 Swiss franc from 0.9881 Swiss franc, and it increased to 1.2880 Canadian dollars from 1.2755 Canadian dollars.
The above market reactions came as a hotter-than-expected U.S. inflation report amplified fears of a recession.
The U.S. Labor Department reported Friday that the U.S. consumer price index (CPI) rose 1.0 percent in May, above the 0.7 percent consensus, for an 8.6 percent year-on-year increase. The May CPI was the largest 12-month increase since the period ending December 1981.