The dollar index held above 99.3 on Friday and was on track to rise nearly 2% for the week, marking its strongest weekly advance in a year, supported by sharp weakness in the yen and euro. The yen is poised to drop almost 4% against the dollar this week after fiscal dove Sanae Takaichi won Japan’s leadership race, reinforcing expectations of higher spending and loose monetary policy. Meanwhile, the euro has fallen about 1.5% versus the dollar amid political turmoil in France, where President Emmanuel Macron continues to search for his sixth prime minister in less than two years. In the US, the government shutdown extended into its ninth day after the Senate failed to reach a funding deal, delaying key economic data that could guide the Federal Reserve’s rate-cut outlook. Markets now see a 95% chance of a quarter-point rate cut this month, while odds for a December move have eased to 80% from 90%.