United States dollar poised for greatest weekly gain because mid-January; yen falls ahead of BOJ
© Reuters. SUBMIT PHOTO: U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
By Gertrude Chavez-Dreyfuss NEW YORK CITY (Reuters) -The dollar increased to a more than one-week high up on Friday after a combined batch of information revealed the U.S. economy stayed steady with little pockets of weak point, recommending the Federal Reserve might keep rates of interest greater for longer or lower the scheduled variety of rate cuts this year. The, which tracks the U.S. currency versus 6 significant peers, was on rate to publish a weekly gain of 0.7%, the biggest because mid-January. The index was last flat at 103.43. Information on Friday revealed a strong U.S. production sector, with output rebounding by 0.8% last month after a...