Hi guys! Dollar's gain was further pushed up against the yen when crude oil prices declined and US stocks recorded gains.

A government official in Japan speculated that the Japanese economy may have entered recession giving a sudden jolt to yen which declined after these comments. Dollar's rise against the euro also brewed trouble in Europe, where the German growth data due for release next week, may show slowdown in economy. There was speculation that the ECB may not raise interest rates despite the rising inflation.

The dollar was last 1 percent up at 109.38 yen, a session high. The dollar rose 0.1 per cent to $1.9505 against the pound. The euro lost ground, dropping 0.2 per cent to a seven-week low of $1.5409 against the dollar.

Cheers!
Clever111