NEW YORK (Feb 10): The dollar gained on Friday on expectations of a constructive meeting between US President Donald Trump and Japanese Prime Minister Shinzo Abe, while Trump's comments on tax reform Thursday continued to support the greenback. The euro touched US$1.0608, its lowest level against the dollar since Jan 19, while the dollar touched 113.85 yen , its highest against the Japanese currency since Feb 1. "This was seen as a pivot back to the economic agenda," said Vassili Serebriakov, currency strategist at Credit Agricole in New York, in reference to Trump's statement on tax reform. The dollar hit its lowest level against the Russian rouble since late July 2015 of 58.4486 roubles. Englander of CitiFX said gains in oil prices on Friday boosted the rouble given Russia's role as a crude exporter.

Source: The Edge Markets February 10, 2017 16:30 UTC