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2017.09.2215:01:00UTC+00Dollar Little Changed As Trading Week Draws To A Close

The dollar is turning in a mixed performance against its major rivals Friday afternoon, but is little changed overall. Investors have been reluctant to make any major moves going into the weekend, as tensions between the United States and North Korea have worsened again.

The leaders of both nations have traded verbal jabs and North Korean Foreign Minister Ri Yong Ho said his country may consider testing a hydrogen bomb in the Pacific Ocean.

The dollar slid to an early low of $1.2004 against the Euro Friday, but has since rebounded to around $1.1950.

The eurozone private sector ended the third quarter on a strong note in September, with growth in activity picking up to its highest since May, flash data from IHS Markit showed Friday. The headline composite output index rose unexpectedly to 56.7 in September from 55.7 in August. The expected score was 55.6.

Germany's private sector grew at the fastest pace in almost six-and-a-half years in September, flash data from IHS Markit showed Friday.

The composite output index rose unexpectedly for the consecutive second month in September, to 57.8 from 55.8 in August. This was the highest reading since April 2011. The reading was forecast to fall to 55.7.

France's private sector expanded the most since May 2011, flash data from IHS Markit showed Friday. The composite Purchasing Managers' Index rose unexpectedly to a 76-month high of 57.2 in September. Economists had forecast the index to drop to 55.0 from 55.2 in August.

France's economic growth held steady in the second quarter as previously estimated, latest figures from the statistical office Insee showed Friday. Gross domestic product expanded 0.5 percent sequentially, the same pace of growth as seen in the first quarter. This was in line with the estimate published on August 29.

The buck dipped to an early low of $1.3595 against the pound sterling Friday, but has since bounced back to around $1.3530.

The greenback dropped to a low of Y111.644 against the Japanese Yen this morning, but has since climbed to around Y111.995.

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