Dollar posts its biggest weekly loss vs. yen since August 2013

The U.S. dollar edged lower against the yen and euro Friday, reversing gains rung up earlier in the session, as investors began to second guess a report on December jobs growth released earlier in the session.

Its declines cemented the dollar’s worst weekly performance against the yen since August 2013 — and its worst weekly performance against the euro since early December of last year — as Chinese stocks and the yuan dropped sharply, with global ramifications. The dollar was down 2.6% against the yen on the week, while the euro rose 0.6% against the dollar.

The dollar USDJPY, -0.12% traded at ¥117.52 late Friday in New York, compared with ¥117.74 late Thursday in New York.

The euro EURUSD, +0.0641% traded at $1.0917 Friday, compared with $1.0917 Thursday. The pound GBPUSD, +0.1033% traded at $1.4523, compared with $1.4647.

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