The dollar\u202frebounded in morning trade in Asia\u202fFriday, although it was still hovering near three-week lows after sliding in the past few days.<\/p>\n
The yen was under pressure after data showed Japan\u2019s gross domestic product for the first quarter fell 0.2% compared to the previous quarter. Market also look to the Group of Seven summit this weekend to find cues for U.S. trade relations with other peers.<\/p>\n
The\u00a0<\/span>U.S. dollar index<\/a><\/span>, which tracks\u202fthe greenback against a basket of six major currencies, added 0.03% to 93.46 by 11:54PM ET (03:54\u202fGMT).<\/p>\n Despite the short-lived rally on Friday morning, the dollar index has been sliding since last week, from a high at 94.85 last Wednesday to a three-week low at around 93.40 level this Friday. The dollar was under pressure this week against a firmer euro that bounced back from 10-month lows on the easing political concern in Italy.<\/p>\n","protected":false},"excerpt":{"rendered":" The dollar\u202frebounded in morning trade in Asia\u202fFriday, although it was still hovering near three-week lows after sliding in the past few days. The yen was under pressure after data showed Japan\u2019s gross domestic product for the first quarter fell 0.2% compared to the previous quarter. Market also look to the Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,10,1],"tags":[],"class_list":["post-784","post","type-post","status-publish","format-standard","hentry","category-homepage","category-latest-news","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/comments?post=784"}],"version-history":[{"count":1,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/784\/revisions"}],"predecessor-version":[{"id":785,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/posts\/784\/revisions\/785"}],"wp:attachment":[{"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/media?parent=784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/categories?post=784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forexvarsity.com\/welcome\/wp-json\/wp\/v2\/tags?post=784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}