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Find all the economic and financial information on our Orishas Direct application to download on Play StoreBacked by a series of resilient American economic data that also called into question the end of the Federal Reserve's aggressive rate-raising cycle, the dollar pulled back on Friday but was still heading for its longest streak of weekly gains in nine years.
The U.S. Dollar Index, which measures the greenback against its major peers, was down 0.1% at 104.93, but was not far from the six-month high of 105.15 in the previous session.
The euro, faced eight consecutive weeks of losses, with the single currency gaining 0.1% to $1,0709, after falling to a three-month low of $1,0686 on Thursday. It is the largest component of the dollar index.
For its part, the Chinese yuan fell to its lowest level since 2007, as it struggles with capital outflow pressures and the growing yield gap with major economies.
The onshore yuan opened at 7.3400 per dollar on Friday and reached its lowest level since December 2007 at 7.3510, while its offshore counterpart sank to a 10-month low of 7.3621 per dollar.
For its part, sterling moved away from Thursday's lowest level in three months and sold for the last time at $1.2496, although it is still ready to record a weekly loss of more than 0.7%.
The yen fell on Friday as investors remained uncertain about the Bank of Japan's future strategy after a downward revision of GDP, when the yuan hit new lows amid concerns about the Chinese economy. The yen lost 0.08% to 157.69 yen per euro around 09:20 GMT (11:20 CET). Against the dollar, the yen fell 0.01% to
147.32 yen.
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