The dollar regained some ground on the Japanese currency on Friday. The yen is about to break nine weeks of losses. The ruble exceeds 63 against the dollar in Moscow and reaches its highest level in 5 years against the euro.

The yen is about to break a nine-week series of losses, due to weakened risk sentiment. The dollar, which has regained some ground on the Japanese currency, is still down 1.2% against the yen this week, its first week of decline since early March. The euro fell 2.6% against the yen this week, its biggest decline also since early March. The euro was at $1.0394, up 0.16%, holding above its 2017 low of $1.034.

The weakness of the euro kept the Dollar Index at 104.63, right next to its 20-year high of 104.92. The pound fell to $1.2221, hurt. The Russian ruble strengthened above 63 to the dollar in Moscow for the first time since early February 2020 and hit a new five-year high against the euro, supported by continued restrictions on currency trading. At 0723 GMT, the ruble was stable against the dollar at 63.32, after touching 62.6250, its strongest mark since February 5, 2020, but banks are offering to buy rubles at much lower levels.