FOREX-Dollar Gains for Fourth Week as Investors Grow Jittery

FOREX - LONDON. The dollar was set for a fourth weekly gain on Friday, as an uncertain backdrop for markets sent the yen near three-month lows ahead of an election in Japan over the weekend that could complicate the Bank of Japan's (BOJ) plans to normalise rates.

The dollar held steady, underpinned by expectations for fewer rate cuts from the Federal Reserve in coming months and by growing market bets for a possible return of Donald Trump as U.S. president.