01/05/2021
The dollar was up on Friday morning in Asia but was set for a fourth consecutive week of losses, as the U.S. Federal Reserve sticks to its dovish monetary policy.
The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched up 0.03% to 90.618 by 12:26 AM ET (4:26 AM GMT).
The USD/JPY pair inched down 0.10% to 108.81. Japanese data released earlier in the day said industrial production increased 2.2% month-on-month in March, while the Tokyo core Consumer Price Index contracted 0.2% year-on-year in April.
