By Sarah Turner, MarketWatch
SYDNEY (MarketWatch) — The dollar traded little changed against most major rivals on Friday, though the euro managed to inch higher versus the greenback.
The ICE dollar index DXY +0.15% , which measures the greenback against a basket of six currencies, traded at 78.817 from 78.803 in late North American trading on Thursday.
While the dollar index held broadly steady on Thursday as well, the U.S. currency slipped against the euro after a trade body ruled that a restructuring of privately held Greek government debt didn’t constitute a “credit event.’
RBC Capital Markets strategists pointed to “continued support for risk sentiment, a soft landing story for China reflected in its PMI numbers, and a mix of U.S. data that did not threaten the monetary intravenous drip,” as buoying currencies on the riskier end of the spectrum.
The euro EURUSD -0.14% reached $1.3308 on Friday, inching higher from $1.3305 in late trading Thursday.
The British pound GBPUSD -0.11% slipped to $1.5951, from $1.5954.
The dollar USDJPY +0.52% bought 81.26 Japanese yen, up from ÂĄ81.12 late Thursday.
Sarah Turner is MarketWatch's bureau chief in Sydney.
