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    Dollar pushed lower versus other major currencies

    The dollar pushed lower against the rest of the major currencies on Friday, as downbeat U.S. economic reports dampened demand for the greenback and as concerns over declining oil prices continued to support demand for the safe-haven yen and Swiss franc.

    Meanwhile, the yen remained supported as Brent crude, the global benchmark, dropped below the $30 per barrel threshold on Friday, the lowest level since 2004, pressured by concerns over a global supply glut, with USD/JPY tumbled 1.08% to 116.76.

    The commodity-related currencies remained under heavy pressure due to the ongoing oil rout. 

    The Australian dollar plummeted 1.51% against the U.S. dollar, to nearly six-year lows of 0.6878 and NZD/USD tumbled 1.17% to three-month lows of 0.6398.

    The American dollar climbed 0.86% against its Canadian counterpart, with USD/CAD to trade at 1.4492, to an almost 13-year peak.  

    Meanwhile, EUR/USD advanced 0.77% to trade at 1.0951.

    Elsewhere, the dollar was higher against the pound, with GBP/USD down 0.51% to fresh five-and-a-half year lows of 1.4339, and was lower against the Swiss franc, with USD/CHFdeclining 0.52% to 0.9995.

    The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.48% at 98.61.

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