The dollar was restrained on Friday by uncertainty over the path of U.S. interest rates, while the yen strengthened after Japan’s core consumer price growth picked up, reinforcing views that the Bank of Japan may soon roll back monetary stimulus.
With U.S. markets closed on Thursday for the Thanksgiving holdiay and due for a shorter trading session on Friday, currencies are likely to trade narrowly but possibly with some volatility as liquidity is expected to remain thin.
The dollar index , which measures the U.S. currency with six peers, eased 0.058% to 103.71, staying close to the two-and-a-half month low of 103.17 it touched earlier this week.
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