Dollar Firms on Economic Data

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Signs of life in the U.S. economy boosted the dollar against major foreign currencies Friday. The dollar bounced to 88.61 euros from 90.01 Thursday and was at $1.4386 to the British pound, up from $1.4486. A strong reading in the University of Michigan Consumer Sentiment Index and evidence that European economies were slipping fueled dollar buying. Against the yen, the dollar climbed to the latest in a series of three-year highs, touching to 129.68, up from 128.66 Thursday.