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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe American dollar remained close to its peak on Friday
lowest level in five weeks against its main competing currencies.
Investors expect the Federal Reserve to cut rates the
next week.
The greenback was particularly weak Against the yen, the Japanese currency reaching a high of nearly three weeks, driven by expectations of a resumption of the rate hike cycle by the Bank of Japan later this month.
The dollar index, which measures the American currency
against a basket of six major currencies, fell by 0.2% to 98.929 at 06:23
GMT, approaching the five-week low of 98.765 on Thursday. The clue
is heading for a weekly decline of 0.6%.
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