At the end of this week, currency movements declined. The dollar expects its biggest fall, while the ruble strengthens and the euro and the pound hold steady

Traders found more clarity about when interest rate cuts were likely. This caused the greenback to fall against its rivals, with the dollar index standing at 102.01, not far from the four-month low of 101.76 that it hit on Thursday. The dollar index is down nearly 2% and is preparing for its biggest weekly drop since July

For its part, the Russian ruble strengthened slightly ahead of the central bank's last monetary policy meeting of the year on Friday. At 0716 GMT, the ruble was 0.3% stronger against the dollar at 89.60, not far from a nearly two-week high reached in the previous session. It gained 0.3% to trade 98.47 against the euro and strengthened by 0.5% against the yuan to 12.59

The euro and the pound found support on Friday, with central banks in Europe staying on their Hawkish course of action. The euro was at $1.0985, just off $1.1009, a two-week high that it reached on Thursday. The currency rose by 2% this week, the biggest increase since July. Sterling was at $1.2766, after rising 1.1% and reaching a four-month high of $1.2793 on Thursday following the BoE's Hawkish orientation