Economic news

Dollar steady at three-and-a-half-month peak, Treasuries edge higher

The dollar was stable at a 3-1/2-month peak versus a basket of currencies on Friday, U.S. yields held below 3 percent while the euro was dragged down by a dovish comments from the European Central Bank.

Photo: Reuters

The dollar’s index traded at at 91.527 .DXY after touching a high of 91.639 in the previous session.

The greenback was firm at 109.17 yen, having jumped to a 2-1/2-month peak of 109.49 yen earlier in the week.

The euro traded at $1.2112, having fallen to $1.20965 on Thursday, its trough since Jan.

Sterling was steady at $1.3930, set to slide 0.5 percent for the week.

The Aussie scaled a 4-1/2-month nadir of $0.7539.

Bitcoin gained 0.2 percent to $9,093.18 on Thursday.


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