Risk sentiment returned to the foreign exchange markets early Friday in Europe, with the Swiss franc and yen retreating against the dollar, and the dollar retreating against the pound as a week of turbulent newsflow drew to a comparatively quiet close.
By 3:30 AM ET (07:30 GMT) the dollar index, which measures the greenback against a basket of developed market currencies, was at 98.078, up 0.1% from late Thursday in the U.S. and on track for a gain of around 0.7% on the week.
The dollar was also a fraction higher against the Chinese yuan, which showed little or no reaction to comments on Thursday by U.S. President Donald Trump that he expects a phone call with his opposite number Xi Jinping “quite soon” to iron out some of their differences on trade.
Source : Investing.com