Dollar rises against yen and euro in Asian trade

The greenback extended Thursday’s gains, putting it on track for a weekly advance of around 0.7 per cent against the yen.

Staff Writer
US dollar bills on laptop with financial graph in background, symbolizing wealth and technology.
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Article summary

AI Generated

The US dollar edged higher against the yen and euro in Asian morning trade on Friday, extending the previous session's gains. The greenback is on track for a weekly advance of roughly 0.7 per cent against the yen, with sterling and commodity-linked currencies also slipping.

Key points

  • Dollar rises to 158.505 yen in Asian morning trade
  • Euro slips to 1.1521 dollars after prior session gains
  • Sterling falls to 1.3449 dollars on Friday

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The US dollar edged higher against the yen and the euro on Friday, building on gains from the previous session.

In Asian morning trading, the dollar rose slightly to 158.505 yen, following a 0.4 per cent increase the day before. The move puts the currency on course for a weekly gain of roughly 0.7 per cent against the Japanese currency.

The euro slipped to 1.1521 dollars after the greenback had gained around 0.3 per cent in the prior session. Sterling also moved lower, falling to 1.3449 dollars. Among commodity-linked currencies, the Australian dollar dipped to 0.7029 dollars and the New Zealand dollar fell to 0.5866 dollars.