The dollar index (DXY00) Friday rose by +0.20% and posted a 7-week high. The dollar strengthened Friday as weakness in stocks boosted liquidity demand for the dollar. Also, weaker-than-expected Eurozone PMI reports on Friday undercut the euro, and the yen fell on weaker-than-expected Japanese CPI news. The dollar extended its gains on Friday’s better-than-expected US June S&P PMI reports. The US June S&P manufacturing PMI unexpectedly rose +0.4 to 51.7, stronger than expectations of a decline to 51.0. Also, the June S&P services PMI unexpectedly rose +0.3 to a 2-year high of 55.1, stronger tha…