The euro touched
six-months highs on Friday but was unable to break above $1.10 before
this weekend's final round of the French presidential election, while a
fall in oil prices drove the Australian dollar and Canadian dollar to
new lows.
Expectations
that centrist Emmanuel Macron will become France's next president and
see off far-right candidate Marine Le Pen have underpinned gains for the
euro of nearly 2.5 percent over the past two weeks.
The single currency touched a six-month high of $1.0990 EUR= in early morning trade in Europe as Macron extended his lead in the polls over Le Pen, who has said she would withdraw France from the euro. It later shed some of those gains to trade 0.1 percent lower at $1.0968, still up 0.8 percent for the week.
The euro touched six-months highs on Friday but was unable to break above $1.10 before this weekend's final round of the French presidential election, while a fall in oil prices drove the Australian dollar and Canadian dollar to new lows.
Expectations that centrist Emmanuel Macron will become France's next president and see off far-right candidate Marine Le Pen have underpinned gains for the euro of nearly 2.5 percent over the past two weeks.
The single currency touched a six-month high of $1.0990 EUR= in early morning trade in Europe as Macron extended his lead in the polls over Le Pen, who has said she would withdraw France from the euro. It later shed some of those gains to trade 0.1 percent lower at $1.0968, still up 0.8 percent for the week.
The dollar fell 0.2 percent against the yen to 112.27 JPY=, pulling away from a seven-week high of 113.045 yen set on Thursday.
Investors are awaiting Friday's U.S. non-farm payrolls report for additional insight into the Federal Reserve's likely interest rate trajectory through the end of the year.
The single currency touched a six-month high of $1.0990 EUR= in early morning trade in Europe as Macron extended his lead in the polls over Le Pen, who has said she would withdraw France from the euro. It later shed some of those gains to trade 0.1 percent lower at $1.0968, still up 0.8 percent for the week.
The euro touched six-months highs on Friday but was unable to break above $1.10 before this weekend's final round of the French presidential election, while a fall in oil prices drove the Australian dollar and Canadian dollar to new lows.
Expectations that centrist Emmanuel Macron will become France's next president and see off far-right candidate Marine Le Pen have underpinned gains for the euro of nearly 2.5 percent over the past two weeks.
The single currency touched a six-month high of $1.0990 EUR= in early morning trade in Europe as Macron extended his lead in the polls over Le Pen, who has said she would withdraw France from the euro. It later shed some of those gains to trade 0.1 percent lower at $1.0968, still up 0.8 percent for the week.
The dollar fell 0.2 percent against the yen to 112.27 JPY=, pulling away from a seven-week high of 113.045 yen set on Thursday.
Investors are awaiting Friday's U.S. non-farm payrolls report for additional insight into the Federal Reserve's likely interest rate trajectory through the end of the year.
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