Dollar surges
TOKYO: The dollar edged up on Friday, on track for a weekly gain against a basket of currencies, as the passage of a bill to temporarily extend U.S. government funding raised investors´ optimism that a tax reform bill would also pass.
The euro inched down 0.1 percent to $1.1766, around its lowest levels since Nov. 22, as traders waited to see if British Prime Minister Theresa May has finally clinched an elusive deal with Irish and EU officials on how they would run their post-Brexit land border on the island of Ireland.
An agreement would remove the last obstacle for opening free-trade talks with the European Union.
May is likely to meet European Union chief executive Jean-Claude Juncker before dawn (0600 GMT) in Brussels.
The euro was on track to shed 1.1 percent for the week, but is still up nearly 12 percent so far in 2017.Forex traders were also awaiting the closely watched U.S. non-farm payrolls report later in the day, which is expected to show 200,000 new jobs were created in November, according to a Reuters poll.
The dollar index, which gauges the greenback against a basket of six major rivals, was up slightly on the day at 93.830 , up 1 percent for the week. But it was still down 8.2 percent for a year plagued by U.S. policy uncertainty.
-
Charlize Theron Delivers Strong Message At 2026 Winter Olympics Opening Ceremony -
Lil Jon Reacts To Son Nathan Smith's Death: 'Devastated' -
Bianca Censori Reveals Where She And Kanye West Stand On Having Children Together -
Taylor Swift Hypes Olympic Athletes In Surprise Video Message -
Timothy Busfield Charged With Four Counts Of Child Sexual Abuse -
Kanye West First Contacted Bianca Censori While In Marriage To Kim Kardashian? -
Travis Kelce Reveals What His Nieces Really Do When He, Taylor Swift Visit -
Lola Young Makes Career Announcement After Stepping Back From Touring -
Priyanka Chopra Shares Heartfelt Message For Nick Jonas -
Spotify, Major Labels File $13b Lawsuit Over Alleged Music Scraping -
Travis Kelce Opens Up About Being Backup Plan For His Nieces -
Winter Olympics 2026: Chinese Robot Dance Goes Viral In Milan -
Jessica Biel Urged To Divorce Justin Timberlake? -
Rebecca Ferguson Gets Honest About Having First Kid With 22 Year Older Man -
Epstein Ties: UK Police Search Properties In Probe Into Peter Mandelson -
Andrew Mountbatten-Windsor’s Friendship With A Child Sex Offender Turns His Future Murkier