Dollar falls from 5-yr high vs. Yen but firm trend seen intact
The dollar fell from five-year highs against the yen as investors consolidated gains this week and pared positions back ahead of the holidays, but the strong trend for the U.S. currency remained intact going into next year.
Upbeat U.S. economic growth data for the third quarter, showing revised growth of 4.1 percent, reinforced the Federal Reserve's decision to start paring back its monetary stimulus. The greenback also climbed to two-week peaks against both the euro and the Swiss franc.