Currencies: Dollar on track for 0.7% weekly gain as trade and Trump comments weigh on rivals

The U.S. dollar index took aim at its biggest weekly gain in four weeks on Friday as its rivals struggled in the face of trade-war worries and comments from President Donald Trump during his Europe trip.

The ICE U.S. Dollar Index DXY, -0.14% which measures the dollar against six of its rivals, was actually down 0.1% at 94.710, after hitting its best level since early July earlier, according to FactSet data. For the week, the dollar gauge was set for a 0.7% gain, its biggest since the week ending June 15.

The New Zealand dollar USDNZD, +0.2218% was in the limelight as the worst G-10 performer on Friday, after the kiwi dollar fell following weakening manufacturing data late Thursday.

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