The euro edged higher on Friday, putting it on course for a third straight week of gains, its best performance in just under a year.
Amid a low inflationary environment worldwide, central banks will likely do more hence the rate cut by Sweden's central bank wasn't totally unexpected, says Dominic Bunning, FX strategist at HSBC.
The dollar dropped across the board on Thursday after weaker-than-expected U.S. economic data.
The yen surged against the U.S. dollar following a report that the country's central bank is cooling on the idea of adding more stimulus.
The dollar hit a fresh one-month high versus the yen on Wednesday, while uncertainty over a new debt deal for Greece kept the euro under a cloud.
The dollar strengthened on the back of U.S. Treasury yields, while the euro was buffeted by comments and media reports on the progress of Greece.
The dollar gave back some ground on Monday as traders sold into a rally triggered by robust U.S. jobs data.
The U.S. dollar soared against the euro and the yen on Friday, but some currency analysts are eyeing a short-term pullback in the greenback.
The dollar edged up against a basket of currencies on Friday as investors looked to U.S. jobs and wages data.
The euro eased versus the dollar, with the focus on whether U.S. jobs data laterwill bolster the case for the Fedto consider raising interest rates.
The dollar fell after suffering its biggest one-day fall in a year, under pressure from many fronts amid oil-fueled gains by commodity currencies.
The Australian and New Zealand dollars weakened further following the Reserve Bank of Australia's decision to cut interest rates.
There is growing speculation that the Swiss National Bank (SNB) has set a new target for the country's currency.
The Swiss franc hit a two-week low against the euro and the dollar, on talk that the Swiss National Bank was intervening to weaken the currency.
Russia's ruble is under renewed pressure after the Central Bank of Russia shocked markets with a rate cut, sending the currency to a 2015 low.
The Swiss franc fell past 1.05 francs per euro for the first time since the Swiss National Bank dumped its 1.20 francs cap.
The U.S. dollar inched higher against the yen and was steady to the euro on Thursday after a Federal Reserve statement which.
The dollar rose against a basket of currencies on Wednesday, recouping some of the previous day's sharp losses.
The Swiss franc continued to show volatility as the country's central bank signaled that it had not given up intervening in currency markets.
The euro rose against the dollar before a meeting of the U.S. Federal Reserve that may push back expectations for an interest rate rise.