Investing.com - The U.S. dollar was mixed against its major counterparts in U.S. trade Friday, with USD/JPY close to a record low, as dealers reacted to Thursday’s agreement by European leaders on a plan to tackle the euro zone’s debt crisis.
In U.S. afternoon trade, the greenback was higher against the euro, with EUR/USD falling 0.25% to hit 1.4153.
The euro slipped after Fitch Ratings said the plan announced by European leaders was a “positive step” but that the effectiveness of the proposals would depend largely on “greater clarity in the details” and a “full and timely implementation.”
Meanwhile, the greenback was trading close to the all-time low against the yen, with USD/JPY hitting 75.68.
The euro slipped after Fitch Ratings said the plan announced by European leaders was a “positive step” but that the effectiveness of the proposals would depend largely on “greater clarity in the details” and a “full and timely implementation.”
Japan’s Finance Minister Jun Azumi earlier reiterated a commitment to take firm steps against the yen’s rise as necessary.
Elsewhere, the greenback was down against the British pound but was higher against the Swiss franc, with GBP/USD adding 0.12% to hit 1.6188 and USD/CHF up 0.25% to hit 0.8838.
The greenback was lower against its Canadian, Australian and New Zealand counterparts with USD/CAD up 0.26% to hit 0.9936, AUD/USD lower by 0.23% to hit 1.0705, and NZD/USD slipping 0.09% to hit 0.8218.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.12% at 75.21.
The Bureau of Economic Analysis said earlier that U.S. personal spending rose to a seasonally adjusted 0.6% in September from 0.2% in the previous month, broadly in line with market expectations.