Dollar falls on uncertainty but ends week with modest gain

New York

THE dollar fell against a basket of major currencies on Friday last week as continued uncertainty over the economic agenda of US President Donald Trump pushed investors out of the greenback.

The dollar dropped to a four-month low against the yen in early trading but retraced some of its losses after rumours began to swirl about the impending firing of White House senior adviser Steve Bannon. The White House confirmed Mr Bannon's exit in a statement on Friday afternoon.