U.S. dollar surges on Yellen remarks

The U.S. dollar jumped against other major currencies on Friday as investors pondered over U.S. Federal Reserve Chair Janet Yellen's hawkish comments on rate hikes.

In late New York trading, the euro fell to 1.1185 dollars from 1.1281 dollars in the previous session, while the dollar bought 101.87 Japanese yen, higher than 100.56 yen of the previous session. Enditem