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LONDON, March 30: The dollar turned lower on Friday in a sudden reversal of fortunes late in the European session, as a jittery market reacted to speculation of rising tensions in the Middle East. The euro rose to $1.3372, from $1.3331 in New York late on Thursday.
The dollar stood at 117.34 yen in European trade, down from 118.02 yen late on Thursday.
News of US plans to impose sanctions on some Chinese imports also dented the US currency amid speculation that China would take retaliatory action.
On the London Bullion Market, the price of gold rose to $661.75 per ounce, from $661 late on Thursday.—AFP
