Investing.com - Trading of the dollar was light on Friday, as forex investors reduced activity in anticipation of the Christmas holiday.
The dollar has gained more than 5 percent against a basket of currencies ever since Donald J. Trump's unexpected U.S. presidential election win on Nov. 8.
The euro was up against the dollar at about 2:30 p.m. Eastern today, by 0.11%, at 1.0444.
The dollar was up against the yet at the same time, by 0.23%, at 117.24.
The dollar was also up against the pound, by 0.8%, at 1.2271
The greenback will likely reach new multi-year heights when investors return from the holiday break, according to leading market analysts.
Traders are seen as being very risk-averse now, fearing the loss of forex gains before the end of the year, news reports indicated.
Anticipation that President-elect Trump's policies will reignite a stagnant U.S. economy has been behind the surge in the dollar, as well as the major market indexes, the Dow, The Nasdaq and the S&P 500 during the last two months, as per the financial media consensus view.