Dollar and Euro Flat on Friday as Investors Await US Inflation Data

The US dollar and euro remained flat on Friday as investors awaited the release of August's Consumer Price Index (CPI) metrics, which will have a significant impact on Federal Reserve rate-hike bets next week.

The Japanese yen bucked market trends to cap its strongest back-to-back weekly run since May, with a 0.14% gain on Friday and a 1.2% increase for the week.

The currency's sustained momentum reflects growing conviction that Bank of Japan Governor Kazuo Ueda and the Governing Council will raise borrowing costs at their September 17-18 monetary policy meeting.