The Euro and the British Pound fell sharply against the strong dollar on Friday amid jitters about banks.
Banking stocks fell in Europe as heavyweights Deutsche Bank and UBS Group were hit on concerns that the worst problems to hit the sector since the 2008 financial crisis were yet to be contained.
The dollar index rose 0.497% at 103.100, with the euro down 0.68% to $1.0756.
Better-than-expected PMI data failed to lift the single currency as sentiment in the markets was shaky with European banks.
Risk aversion also sent sterling down 0.48% to $1.2226, despite data showing that the British economy was poised to grow in the first quarter.
read more
Follow the latest news on Google News
