And faced Yen A tough week, with the euro up 2.2 percent to 159.46 yen as speculators took profits.
It also rose euro To $1.1160, up 0.8 percent during the week, approaching its August peak of $1.1201.
And settled down Dollar At 142.45 yen, pulling away from the overnight high of 143.95, keeping Bank of Japan The overnight interest rate target was left unchanged at 0.25 percent, as widely expected.
The Bank of Japan also maintained its view that Economy Still on track for a moderate recovery.
Japan’s consumer price data showed Friday that it rose Inflation Core inflation rose to 2.8 percent in August, while headline inflation stood at 3 percent.
And kept China Unexpectedly, lending rates were unchanged today.
China has been hinting at further stimulus measures, partly enabled by the Federal Reserve’s aggressive monetary easing that has pushed the dollar to a 16-month low against the yuan.
Markets are now pricing in a 40 percent chance that the Fed will cut interest rates by another 50 basis points in November. The rate is expected to reach 2.85 percent by the end of 2025.
Expectations of monetary easing have boosted hopes for continued economic growth in the United States and led to a sharp rise in risk assets. Currencies linked to global growth and commodity prices also benefited, with the Australian dollar surpassing $0.6800.
And remained Dollar Index Stuck at 100.69, just above its lowest level in a year, according to Reuters data.
And rose Pound Sterling After I stay Bank of England Interest rates were unchanged on Thursday, and rose 1.1 percent during the week to $1.3276, after reaching its highest level since March 2022.
