The U.S. dollar moved lower against the euro on Friday, after U.S. a report of consumer sentiment indicated that expectations for higher inflation fell. The consumer -sentiment report suggests that the Federal Reserve may be in no rush to raise rates.The euro EURUSD, +0.40% moved up $1.25 against the dollar on Friday from $1.2475 late Thursday.
The WSJ Dollar Index BUXX, -0.07% was down fractionally 0.2%, to 79.89, while ICE Dollar Index DXY, -0.26% a measure of the dollar’s strength against a basket of six currencies, notched lower to 87.54 from 87.82 on Thursday.
The greenback USDJPY, +0.45% bought ¥116.31, up from ¥115.77 late Thursday, climbing back to levels not seen since 2007.
The pound GBPUSD, -0.26% ended virtually flat against the dollar at $1.57 from $1.5710 Thursday evening.
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