The dollar fell toward the end of trading Friday from its highest level in seven days against other major monetary standards toward the end of a volatile few days, as traders weighed a decline in jobless claims in the US against the prospect of an impending economic shutdown.
The US currency fell against the Japanese yen following a three-day recovery, boosted by an increase in US Treasury yields and driven by stronger employment data that convinced investors to cut bets on an interest rate cut by the US Federal Reserve this year.
The Japanese yen and the Swiss franc, traditionally safe-haven currencies, appeared to end at or close to weekly lows on Friday as equity markets gained and Treasury yields declined.
The dollar fell as much as 0.56 percent against the yen to 146.425 yen, its latest, putting it on course for its first weekly gain since the start of the year.
The dollar index, which gauges the greenback’s value against the yen, Swiss franc, euro, sterling, and two other currencies, fell 0.203 percent to 103.07, ending a three-day winning streak.
While the dollar’s value against the Swiss franc slipped 0.33 percent to 0.8639 francs, it was headed for a weekly rise.
The euro rose a tad to $1.09245, but remained little changed from a week earlier.
It surprisingly climbed as high as $1.1009 since Jan. 2 on Monday.
Real rose to $1.2755, after climbing 0.5 percent short-term, rebounding from its lowest in more than a month.
The Australian dollar fell 0.22% to $0.6584.
The New Zealand dollar fell to $0.6019, after climbing to a three-week high of $0.6035 before falling.
On the cryptocurrency front, Bitcoin rose 0.45 percent to quote at $59,844.52 after the crypto asset had crossed $60,000 levels in the previous session.
