Dollar remains stable ahead of the new quarter

The U.S. dollar kept stable against its rival currencies on Friday as the recent rally seen this week slowed ahead of the new quarter. The dollar index, which tracks the U.S. currency against a basket of other major currencies, was almost unchanged at 90.089. It went up by 0.8 percent in the course of the week reaching a one-week high of 90.178 thanks to the easing worries regarding global trade and perceived progress on the issues surrounding North Korea. Against the yen, the dollar has gone up by 1.6 percent for the week and 5.5 percent for the quarter.

The euro slightly changed at $1.2301, going down 0.4 percent for this week. For the quarter, the euro was up by 2.5 percent. The pound stood at $1.4021, near its one-week low of $1.4011 hit the previous day. It finished the quarter 3.8 percent higher.

U.S. stocks go up cutting down quarterly losses

Stocks in the United States went up on the last trading day of the month and quarter as the tech sector slashed the losses seen in recent sessions. The Dow Jones Industrial Average went up by 254.69 points to close at 24,103.11. Intel went up by 5 percent. The S&P 500 went up by 1.4 percent to 2,640.87 with its tech sector rising by 2.2 percent. The Nasdaq composite went up by 1.6 percent 7,063.44. Facebook gained 4.4 percent while other tech companies, such as Apple, Netflix and Alphabet also made some gains.

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