With the United States and Iran backing away from further confrontation, traders will focus on monthly US jobs data, which will follow a batch of strong economic figures.
Against a basket of its rivals, the dollar gained 0.1% on Friday to 97.53, taking its cumulative gains this week to 0.7%, its biggest weekly rise since early November. The dollar’s gains were particularly pronounced against the Japanese yen and the Swiss franc, against which it has rallied 1.7% and 1% respectively from this week’s lows.
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