The US dollar came under pressure on Friday morning, with investors eyeing a duo of disappointing reports on the American economy.

The buck was recently down by 0.44 per cent against the euro at $1.0909, while it was flat against sterling at $1.2878, having earlier traded as strong as $1.2845.

Meanwhile, the greenback declined 0.34 per cent against the Japanese yen to ¥113.48.

Friday’s performance came after data on US inflation and retail sales for the month of April underwhelmed Wall Street expectations. In addition to the dollar weakness, investors were also bidding-up US Treasuries, sending yields lower.

Get alerts on US Dollar when a new story is published

Copyright The Financial Times Limited 2020. All rights reserved.
Reuse this content (opens in new window)

Comments have not been enabled for this article.

Follow the topics in this article