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The ICE U.S. Dollar Index ended the week lower Friday as the gains that followed January payrolls data failed to offset the euro’s strength from earlier in the week.
The dollar USDJPY, +1.37% soared to ¥119.17 after the report, its highest level against the Japanese currency in a month. It traded at ¥117.54 late Thursday in New York.
The euro traded EURUSD, -1.41% at $1.1315 after surrendering all of its massive gains from Thursday’s session. The shared currency traded at $1.1467 Thursday evening.
The pound GBPUSD, -0.55% traded at $1.5248, compared with $1.5322 Thursday.
The dollar index DXY, +1.13% , a measure of the dollar’s strength against a trade-weighted basket of six rival currencies, was up 1% to 94.6980, its highest level in a week.
March natural gas NGH15, -1.12% fell by 0.8% to $2.58 per million British thermal units, set to log a loss of 4.2% for the week.
Reformulated gasoline blendstock for March RBH5, +2.64% — the benchmark gasoline contract — rose 2.3% to $1.559 a gallon, ending 5.4% higher for the week. March heating oil HOH5, +2.31% settled at $1.84, up 1.8% for the session to score a weekly gain of 8.1%.
Crude-oil futures climbed on Friday to score a 7.2% gain for the week, finding support from an upbeat U.S. jobs report and a drop in the number of active drilling rigs.
Sweet crude futures for delivery in March CLH5, +3.68% settled at $51.69 a barrel, up $1.21, or 2.4%, for the session.
Brent crude for March delivery LCOH5, +2.81% on London’s ICE Futures exchange rose $1.23, or 2.2%, to $57.80 a barrel — 9.4% higher for the week.
MALAYSIAN shares ended higher on Friday with the Kuala Lumpur Composite Index adding 10.04 points to close at 1,813.25.
Some 1.92 billion lots, valued at RM2.15 billion were traded. Gainers numbered 512 while losers numbered 291.
