Dollar rises after five-day losing streak

October 4, 2013

NEW YORK (Oct 4)   The dollar rebounded slightly on Friday after a five-day losing streak, although currency investors remained cautious of making any big moves as the U.S. government shutdown entered day four. The ICE dollar index, which measures the greenback against a basket of six other currencies, rose to 79.913 from 79.755 late Thursday. The WSJ Dollar Index a basket of rivals, rose to 72.31 from 72.24. The dollar, however, slipped against the Japanese yen, buying ¥97.16, down from ¥97.24. In other currency crosses, the euro fell to $1.3594 from $1.3619, while the British pound  fell to $1.6057 from $1.6158.

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