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FOREX-U.S. dollar reaches six-week high on weaker euro, Swiss franc and yen

* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By David Henry NEW YORK, Feb 1 (Reuters) - The U.S. dollar reached a six-week high on Monday on weakness in the euro, Swiss franc and Japanese yen amid views that the United States has an advantage in growing its economy and vaccinating its population against COVID-19. The dollar index was up 0.37% to 90.955 in late afternoon trading in New York, just off of levels last seen on Dec. 21. The Japanese yen weakened, hovering around 105 to the U.S. dollar, a level not seen since mid-November. The euro was off 0.57% to $1.2069. Against the Swiss franc the dollar was up 0.66% to 0.8967 to the dollar, its weakest level in two months. The moves came on evidence pointing toward a stronger recovery from the coronavirus pandemic for the United States than for other countries. The euro weakened after Germany reported that retail sales plunged by an unexpected 9.6% in December after tighter lockdowns last year to curb the spread of COVID-19 choked consumer spending in Europe's largest economy. The dollar may be more resilient in the near-term because "both growth and vaccination favour the U.S.," said Kamal Sharma, director of G10 FX strategy at BofA Merrill Lynch Global Research. The dollar's gains on Monday came as crude oil and silver, both dollar-denominated commodities, rose 2% and 7%, respectively. Oil was buoyed by falling U.S. crude inventories and rising fuel demand as one of the worst snowstorms in years hit the U.S. Northeast. Silver prices popped on speculation that retail traders were encouraging one another to buy the metal after their orders last week drove up shares of video game retailer GameStock Corp. U.S.-based strategists at Wells Fargo Securities wrote, "We think USD strength still has room to run." That's especially true against more volatile securities, they added. Mexico's peso also benefited from the rise in oil and silver, gaining more than 1%. Besides being an oil producer, Mexico was the world's largest silver producer in 2019, according to data from Statista. ======================================================== Currency bid prices at 3:08PM (2008 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 90.9550 90.6280 +0.37% +1.15% +91.0150 +90.5010 Euro/Dollar $1.2069 $1.2139 -0.57% -1.22% +$1.2145 +$1.2061 Dollar/Yen 104.9250 104.7250 +0.26% +1.66% +105.0300 +104.6550 Euro/Yen 126.62 127.07 -0.35% -0.24% +127.1200 +126.6100 Dollar/Swiss 0.8967 0.8909 +0.66% +1.36% +0.8969 +0.8908 Sterling/Dollar $1.3669 $1.3693 -0.17% +0.06% +$1.3757 +$1.3656 Dollar/Canadian 1.2839 1.2775 +0.51% +0.83% +1.2843 +1.2763 Aussie/Dollar $0.7638 $0.7642 -0.07% -0.73% +$0.7662 +$0.7606 Euro/Swiss 1.0822 1.0808 +0.13% +0.14% +1.0827 +1.0803 Euro/Sterling 0.8827 0.8852 -0.28% -1.22% +0.8856 +0.8805 NZ $0.7167 $0.7184 -0.24% -0.20% +$0.7202 +$0.7151 Dollar/Dollar Dollar/Norway 8.5810 8.5650 +0.20% -0.06% +8.6195 +8.5590 Euro/Norway 10.3578 10.4099 -0.50% -1.04% +10.4330 +10.3520 Dollar/Sweden 8.4185 8.3589 +0.15% +2.71% +8.4283 +8.3263 Euro/Sweden 10.1605 10.1455 +0.15% +0.83% +10.1885 +10.1360 (Reporting by David Henry and Ritvik Carvalho; Editing by Bernadette Baum and Paul Simao)