The euro fell after data showed business activity in the euro area hardly grew in February. The dollar remained on course for its longest weekly losing streak since September.

EUR/USD drops as much as 0.3% to 1.0468; it fell to a fresh day low after French composite PMI data came in below forecasts and held losses following PMI data out of Germany.

Investors added to bets on European Central Bank interest-rate reductions. Money markets are now pricing 78 basis points of easing this year compared with 74 basis points on Thursday. Bonds held gains, with the German 10-year yield three basis points lower at 2.50%.

Focus turns to Sunday's German elections as euro options flag market complacency.

The dollar traded stronger versus most G-10 peers Friday, trimming weekly losses; the Bloomberg Dollar Spot Index rises 0.3%, down 0.2% this week.

The yen leads G-10 losses and drops the most in more than a week against the greenback, after Bank of Japan Governor Kazuo Ueda said parliament officials would respond to a sharp rise in bond yields with nimble asset purchases

USD/JPY rises as much as 0.7% to 150.74; it's down 1.2% this week.

GBP/USD drops 0.2% to 1.2649 yet still heads for a third weekly advance for the first time since May.

AUD/USD drops 0.3% to 0.6384, following 0.9% advance on Thursday session.

Although the Reserve Bank of Australia cut the cash rate for the first time in over four years on Tuesday, the move was followed by hawkish communication from policymakers.

Source: Bloomberg