Market Recap

Here is this week's global markets recap:

The US dollar had a mixed but broadly firm week against major currencies. The euro slipped 0.5% against the dollar, leading the declines among the majors, while the Australian dollar edged slightly lower, losing 0.1%. Sterling was the standout for stability, finishing the week virtually unchanged against the dollar. The Japanese yen continued to weaken, with USD/JPY rising 0.4%, meaning it now takes over 157 yen to buy one US dollar.