Dollar hits 13-month peak, yen also bullish as appetite for risk deteriorates

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© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this photo illustration

By Shinichi Saoshiro

TOKYO (Reuters) – The dollar rose to a 13-month high against a basket of currencies on Friday and the yen also made big strides, with investor appetite for risk dropping amid escalating global trade tensions and diplomatic wrangling.

The euro fell to its weakest since July 2017, while the pound dropped to its lowest in a year amid speculation Britain will leave the European Union without an agreement regarding its future relationship with Brussels.

The (), which measures the greenback’s strength against a group of six major currencies, climbed more than 0.6 percent to 96.103, its highest since July 2017.

The greenback has been

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