New Delhi, April 25 -- The US dollar strengthened in late trading on Wednesday.
The Euro fell sharply against the greenback after data showed that German business morale deteriorated in April, reports the Xinhua news agency.
Germany's Institute for Economic Research (Ifo) reported that the Ifo business climate index fell from a revised 99.7 points in March to 99.2 points in April. The reading was lower than market expectations.
The Canadian dollar also declined against its the dollar after Canada's central bank lowered its growth forecast for 2019.
The dollar index, which measures the greenback against six major peers, rose 0.54 per cent at 98.1668 in late trading.
In late New York trading, the Euro fell to 1.1142 US dollars from 1.121...