(Reuters) The dollar fell against a basket of major currencies on Friday as continued uncertainty over the economic agenda of U.S. President Donald Trump pushed investors out of the greenback.
“(Today) is kind of a microcosm of what we’ve seen all week,” said John Doyle, director of markets at Monex Inc. “We’ve seen volatility but it’s been short-term.”
The dollar index .DXY, which tracks the greenback against six major currencies, rose 0.35 percent for the week. The euro fell 0.5 percent, for its first weekly loss against the greenback in six. The dollar finished the week up nominally against the yen, gaining 0.1 percent.
“We’ve seen some ups and downs,” Doyle said, “but at the end of the week the dollar, for the most part, isn’t much changed from where we started.”
