- Dollar largely flat after climbing all week
- Greenback edges off high vs. Japanese yen since June
- Graphic: World FX rates https://tmsnrt.rs/2RBWI5E
(New quote, updates prices)
The dollar was roughly flat against major currencies on Friday, but still near four-month peaks, on continued optimism about the U.S. economy, and came close to surpassing a 10-month high against the Japanese yen.
Against a basket of six major currencies =USD , the greenback stood at 92.7200, on track to close out the week with a gain of about 0.7%. It was shrugging off data showing that consumer spending recently fell.
The dollar-yen also rose as high as 109.80, roughly the highest since June. =JPY Late on Friday, it was at 109.6400.
"The dollar has gotten a second wind," said Minh Trang, senior foreign exchange trader at Silicon Valley Bank, adding that the upward trend in the greenback "will come in spurts as bull markets do."
Yields on U.S. Treasuries rose but held below one-year highs reached last week.
U.S. jobless claims fell to a one-year low last week and President Joe Biden said he would double his vaccination plan after reaching his previous goal of 100 million shots 42 days ahead of schedule, both of which support optimism about the dollar.
The euro managed to claw back ground from Thursday's four-month low, though the common currency is still bruised by doubts over the slow pace of vaccinations and rising infections.
In a boost for the euro, business morale in the euro zone's biggest economy Germany hit its highest level in almost two years in March as rising demand for manufactured goods kept factories humming.
Elsewhere, bitcoin BTC=BTSP gained more than 4%, helping recover some of its pullback from a record high of almost $62,000 touched earlier this month. It was last up 4.50% at $53,654. Currency bid prices at 3:40PM (1940 GMT)
Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index =USD 92.7090 92.8070 -0.09% 3.032% +92.8740 +92.6440 Euro/Dollar EUR=EBS $1.1796 $1.1764 +0.26% -3.47% +$1.1807 +$1.1763 Dollar/Yen JPY=EBS 109.6300 109.1800 +0.42% +6.11% +109.8450 +109.1300 Euro/Yen EURJPY= 129.31 128.43 +0.69% +1.88% +129.4500 +128.4500 Dollar/Swiss CHF=EBS 0.9383 0.9401 -0.18% +6.06% +0.9418 +0.9384 Sterling/Dollar GBP=D3 $1.3783 $1.3733 +0.37% +0.89% +$1.3812 +$1.3730 Dollar/Canadian CAD=D3 1.2587 1.2609 -0.17% -1.15% +1.2609 +1.2561 Aussie/Dollar AUD=D3 $0.7628 $0.7581 +0.63% -0.83% +$0.7637 +$0.7579 Euro/Swiss EURCHF= 1.1068 1.1057 +0.10% +2.42% +1.1094 +1.1058 Euro/Sterling EURGBP= 0.8557 0.8563 -0.07% -4.25% +0.8572 +0.8536 NZ NZD=D3 $0.6991 $0.6954 +0.56% -2.62% +$0.7002 +$0.6951 Dollar/DollarDollar/Norway NOK=D3 8.5750 8.6610 -0.77% +0.09% +8.6430 +8.5795 Euro/Norway EURNOK= 10.1158 10.1740 -0.57% -3.36% +10.1900 +10.1121 Dollar/Sweden SEK= 8.6424 8.6548 +0.15% +5.44% +8.6634 +8.6316 Euro/Sweden EURSEK= 10.1958 10.1805 +0.15% +1.18% +10.2063 +10.1724 <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ World FX rates https://tmsnrt.rs/2RBWI5E^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
