Dollar eases in thin Black Friday trading on bets rates have peaked

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Key Points

LONDON/SINGAPORE (Reuters) The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher after Japans core consumer price growth picked up, reinforcing views that the Bank of Japan (BOJ) may soon roll back monetary stimulus...

The dollar index, which measures the U.S. currency with six peers, eased 0.077% to 103.69, staying close to the two-and-a-half month low of 103.17 it touched earlier this week...

Elsewhere, the Japanese yen flattened at 149.57, after strengthening following data that showed Japans core consumer price growth picked up slightly in October, having eased the previous month...

The nationwide core consumer price index (CPI), which excludes volatile fresh food costs, rose 2.9% year-on-year in October, government data showed on Friday, against 3.0% expected by economists in a Reuters poll...

Japans factory activity shrank for a sixth straight month in November, while modest growth in the service sector was little changed, a business survey showed on Friday, highlighting the fragility of the economy amid soft demand and inflation...

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