-
Dollar Ends Week Higher In Low-volume Trading Session
Attention next week will be on ECB's decision and U.S. jobs report The U.S. dollar rose against most of its major rivals Friday, pushing the euro below $1.06 in a low-volume trading session. An overnight rout in Chinese equities, during which the Shanghai Composite Index recorded its biggest one-day drop since Aug. 25, pushed the yen lower. The dollar traded at Yen122.82 in Friday afternoon New York trade, compared with Yen122.65 late Thursday in New York. Chinese stock regulators launched investigations into two major Chinese brokerages over suspected violations of securities rules, which rekindled fears over the ... (full story)