The Dollar index climbed to two-week highs in N.Y. trade on Friday, with decent incoming retail sales and industrial production supporting. In addition, pre-weekend safe-haven USD buying was apparent,with traders loading up on the back of geopolitical risk, especially in the Mideast. The DXY rallied to 97.58 highs, after bottoming at 97.08 ahead of the early data. EUR-USD fell from 1.1257 to 1.1203 lows, while USD-JPY struggled some on moderately risk-off conditions, topping at 108.58. USD-CAD topped over 1.3400, while Cable printed better than two-week lows of 1.2588.
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