The euro was up slightly against the dollar, standing 0.1% higher at $1.061, after slipping less than 0.1% on Thursday.
Yet the dollar index has dropped more than 8% since hitting a 20-year high in September, with a sharp slowdown in U.S. inflation raising hopes that the Fed may soon end its tightening cycle.filing new claims for unemploymentA second report said the U.S. economy rebounded in the third quarter at a pace faster than previously estimated.
"The market continues to bounce around on thoughts of what the Fed's going to do next," said Jarrod Kerr, chief economist at Kiwibank.Sterling rose 0.29% to $1.207. The kiwi gained 0.51% to $0.628, while the Aussie was 0.41% higher at $0.67.
It's weak at the grocery store.
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