The U.S. dollar eased from a 2-1/2-month high versus the yen on Friday and looked set for its first weekly loss against major peers since January as traders tried to gauge the path for Federal Reserve policy.
The yen, which is particularly sensitive to U.S.-Japanese long-term interest rate differentials, looked set to halt its six-week losing streak as it gained strength on Friday with 10-year U.S. yields retreating from a nearly four-month high close to 4.1%.engulfing Silvergate worsened, with industry heavyweights including Coinbase Global and Galaxy Digital dropping the lender as their banking partner.
The dollar index , which measures the currency against the yen, euro and four other major peers, eased 0.25% to 104.7, from as high as 105.36 at the start of the week, which was its strongest level since Jan. 6. Since last Friday, the index has slipped 0.5%.
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