The US dollar has been under threat of depreciation since the beginning of the week since Donald Trump was sworn in as the 47th President of the United States (US) at the White House.
The same situation continued until the end of the week as investors await clearer indications on Trump's tariff plans that will have a major impact on global markets.
Trump on Thursday expressed his desire for interest rates to be lowered further to further increase investor attraction in the US.
After moving flat in several previous sessions, the US dollar moved weaker again in the New York session yesterday, as well as being affected by the reading of US unemployment benefit claims data last week which recorded a slightly higher figure than expected.
On Friday, the focus will be on manufacturing and services PMI data for Europe and the US to assess the current health of the economy.
In the Asian session, the focus will first be on the decision of the Bank of Japan (BOJ) policy meeting, which is expected to raise interest rates.
The expected increase of 25 basis points to 0.50% from 0.25% maintained since September, will have a strengthening effect on the value of the Yen.
Next week, the policy meetings of the Bank of Canada (BOC), European Central Bank (ECB) and FOMC will be the next focus.
