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Currencies: Dollar, yen rise as traders seek havens amid tense G-7 meeting

The U.S. dollar and Japanese yen moved higher against other major currencies on Friday as the first day of a meeting of leaders of the Group of Seven advanced economies was dominated by rising trade tensions between the U.S. and its allies.

What are currencies doing?

The ICE U.S. Dollar Index DXY, +0.10% rose 0.2% to 93.553, set to break a three-day losing run. Still, for the week, the index is looking at a 0.4% drop, marking its worst week since that ended March 23. A broader gauge of the greenback, the WSJ Dollar Index BUXX, +0.06% was little changed in positive territory at 86.84.

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