The euro fluctuated near a one-week trough versus the dollar on Friday as the European officials' criticism of Italy’s populist budget plan triggered fresh worries over political tensions in the single currency area.
The euro was virtually unchanged at $1.1454, firming slightly after sliding 0.4 percent overnight. The common currency touched its weakest intra-day level of 1.1447 since Oct. 9 in the previous session after the European Commission said Italy’s 2019 budget draft might be a serious problem for the bloc.
The dollar index edged up 0.05 percent to 95.96, having breached its top since Aug. 21. That surge was boosted by a sharp decline in the euro.
The Japanese yen slid 0.17 percent against the greenback, staying at 112.31.
Sterling scaled a fresh 11-day weak point, but recovered slightly to trade at $1.3020 against the dollar.
The yuan wobbled at 6.9339, after bouncing back from its intra-day trough of 6.9416.