Forex Markets

The dollar index this morning is down -0.187 (-0.20%). EUR/USD is up +0.0023 (+0.20%) and USD/JPY is down -0.45 (-0.40%) at a 4-week low. Thursday's closes: Dollar Index +0.119 (+0.13%), EUR/USD -0.0021 (-0.18%), USD/JPY +0.18 (+0.16%). The dollar index on Thursday closed higher on weakness in EUR/USD after ECB Executive Board member Praet said inflation developments are subdued despite solid growth. The dollar was also supported by the larger-than-expected +1.6% increase in U.S. Oct manufacturing production, the biggest gain in 6 months.