Economic news

Review: Major currencies on Friday

The dollar index against the basket of major currencies rose 0.1% to 99.21, but is on track to end the week down 0.8%.

The Japanese yen, a safe haven for investment, was 0.1% higher at 111.155 yen to the dollar, despite the weaker than expected output of industrial products in Japan.

The euro slid 0.1% to $1.086 after the European Central Bank kept its ultra-light monetary policy on Thursday.

The single European currency is set for a weekly gain of 1.3%, which would be its best week in five and a half months, supported by the victory of the centrist candidate and market favorite Emmanuel Macron in the elections in the first round.


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