Where the dollar has been particularly strong is against the yen, both because of the climb back to 4% for long-term Treasury yields and with the deadly New Year’s Day quake on the Japan Sea coast forcing the last wagers for a hawkish Bank of Japan policy shift this month off the table.
Analysts don’t see the disaster as having a huge economic impact, but at the very least, policy makers who had already been sounding dovish will want to see how recovery efforts progress before tightening financial conditions.
Britain gets house price data, a day after strong consumer lending figures bolstered bets the economy can skirt a recession, lifting sterling further off the three-week trough from Tuesday that had been caused by tepid inflation figures.
The euro zone releases inflation data of its own later on Friday.
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/C3TAWDKH4BMNBAWD6457MWW63A.jpg "Stocks' win streak falls prey to rethink on Fed 38")
