The dollar weakened in N.Y. trade on Friday, weighed down by ongoing trade concerns, as China said it would slap tariffs on some U.S. exports. Trump spooked the markets when he threatened to not sign the omnibus spending bil (though he later signed it), resulting in lower equities. The DXY remained near its recent lows of 89.41. EUR-USD peaked at 1.2368, while USD-JPY bottomed at 104.80. USD-CAD fell to 1.2824 on hotter CPI data, while cable peaked at 1.4172.
[EUR, USD]