Nervousness over the so-called fiscal cliff inspired haven-related flows that boosted the U.S. dollar Friday as investors continued to unload global equities.
The yen, meanwhile, continued to draw more attention than usual after Japanâ€™s lower house of parliament was dissolved, leading up to national elections that are likely to also usher in even easier monetary policy.
The ICE dollar index DXY +0.35% , a measure of the greenback against a basket of six major currencies, rose to 81.401, its highest level since early September and up from 81.039 late Thursday. For the week, the index is up 0.5%. forex
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- 3China's yuan hits 16-month low
- 3Global share rally peters out, euro lifted by PMI boost
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