U.S. dollar falls as business activity nears stalling
NEW YORK, Aug. 23 (Xinhua) -- The U.S. dollar lost in late trading on Wednesday, as S&P manufacturing purchasing managers' index (PMI) showed that business activity in the U.S. private sector was at a softening pace in early August.
The dollar index, which measures the greenback against six major peers, fell 0.14 percent to 103.4197 in late trading.
S&P Global said on Wednesday that its flash U.S. Composi