The dollar slipped to a more than six-month low against a basket of currencies on Monday.
The dollar was on track to record its worst week since August on Friday, having given up almost all the gains made since Trump was elected.
The U.S. dollar rose against a basket of major currencies on Thursday.
The yen rose to its highest in two weeks and the Swiss franc hit a seven-week high against the U.S. dollar on Wednesday.
The euro surged more than 1 percent against a broadly weaker dollar on Tuesday, rising above $1.10.
The Canadian dollar hit its highest level in two weeks and the Australian dollar was at a 10-day high.
The U.S. dollar fell on Friday, easing from a roughly two-month high against the yen.
The New Zealand and Canadian dollars sank on Thursday as domestic concerns outweighed a bounce in oil prices for the currencies.
*New Zealand dollar down 1.5 pct on central bank outlook. President Donald Trump unexpectedly dismissed the Federal Bureau of Investigation chief James Comey. "This could be position-squaring in dollar/yen," said Mark McCormick, North American head of FX strategy at TD securities in Toronto.
*New Zealand dollar down 1.5 pct on central bank outlook. LONDON, May 11- The New Zealand dollar sank to an almost one-year low and its Canadian counterpart by roughly half a percent on Friday as domestic concerns outweighed a bounce in oil prices for the commodity-focused currencies. "In New Zealand, the RBNZ struck a surprisingly dovish chord in its latest policy...
The New Zealand dollar plunged to its lowest level since June 2016 after the Reserve Bank of New Zealand surprised markets by keeping a neutral bias at its policy review while holding interest rates steady at a record low 1.75 percent. The New Zealand dollar slumped 1.6 percent to $0.6833, its biggest one-day loss since June 2016. Oil prices extended their 3...
TOKYO, May 11- The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than markets had priced in. President Donald Trump abruptly fired FBI Director James Comey, raising investors' fears that the controversial move...
Trump abruptly fired FBI Director James Comey in a move that shocked Washington and dampened some of this week's strong risk appetite.
Currency markets swung back to trading on the diverging outlooks for growth and tighter monetary policy.
Meanwhile, a fall in oil prices drove the Australian dollar and Canadian dollar to new lows.
Investors took profit on a roughly 3 percent gain for the currency since the first round of voting two weeks ago.
The U.S. Federal Reserve played down any threats to this year's planned rises in interest rates, solidifying expectations of a move in June.
Investors eyed a U.S. Federal Reserve statement later in the day for guidance on whether bets on a June interest rate hike are justified.
U.S. Treasury Secretary Steven Mnuchin commented on the possibility of ultra long-term bond issuance.
The euro rose against the U.S. dollar on Friday after strong euro zone inflation figures.