Investing.com - The dollar was almost unchanged against the euro on Friday and gained ground against the yen, after the European Central Bank indicated that its policy will remain accomodative for as long as necessary, while the minutes of the Federal Reserve came with no surprises.
EUR/USD was steady at 1.1279.
In the minutes of the ECB's September policy meeting, officials said that downside risks to inflation intensified over the summer, but that they need more time to gauge the impact of market volatility and slower growth in China.
ECB officials also reiterated the central bank's willingness to increase its stimulus programs to address the risks of low inflation.
Meanwhile, the Fed's September meeting minutes indicated that policymakers were still watching domestic inflation and the impact of slower global growth when considering when to raise interest rates.
USD/JPY was up 0.19% to trade at 120.14.
The yen remained under pressure amid expectations that the Bank of Japan could ease monetary policy as soon as its October meeting.
The BoJ kept monetary policy unchanged at its policy meeting on Wednesday but recent economic reports pointing to weakness in Japan’s economy have added to pressure on the bank to ramp up measures to bolster growth.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 95.36, close to Thursday's three-week lows of 95.17.