The dollar depreciated against the euro for a fifth straight week on Friday, as weak U.S. economic data prompted traders to push back their expectations for when the Federal Reserve will raise interest rates.The euro EURUSD, +0.3418% traded at $1.1446, a three-month high, compared with $1.1400 Thursday; the pound GBPUSD, -0.3169% traded at $1.5725, compared with $1.5774 Thursday; the dollar USDJPY, +0.09% traded at ¥119.38, compared with ¥119.21.
The ICE U.S. Dollar Index DXY, -0.17% a measure of the dollar’s strength against a basket of six rivals, was down 0.2% to 93.2710.
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