Economic news

Review: Euro on track for biggest weekly increase in a month

The euro rose on Friday, heading for its biggest weekly increase in a month as investors shifted focus from the euro zone’s political worries to its impressive economic prospect.

The common currency edged up 0.1 percent to $1.1839. It has increased 1 percent so far this week, heading for its biggest rise since the week of Sept. 9.

The dollar index dipped 0.1 percent to 92.970, on track for a weekly loss of 0.9 percent.

The yen advanced 0.2 percent to 112.04 per greenback.

The pound traded at $1.3274, rising for a fourth straight day.


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