Investing.com - The dollar regained ground against the euro on Friday and slipped against the yen after the Federal Reserve decided to leave interest rates unchanged for the time being.
EUR/USD slipped 0.21% to trade at 1.1411, off four-week highs of 1.1441 hit on Thursday.
The greenback weakened broadly after the Federal Reserve kept interest rates unchanged on Thursday, but losses were limited as the central bank left open the possibility of a rate hike later this year.
Speaking after the rate statement, Fed Chair Janet Yellen said global economic developments played a major part in the central bank's decision.
In deciding when to raise interest rates, the Fed repeated it wanted to see "some further improvement in the labor market" and be "reasonably confident" that inflation will increase.
USD/JPY slid 0.29% to 119.66.
Earlier Friday, the minutes of the Bank of Japan's August policy meeting revealed that the central bank must be vigilant to the risk of a decline in exports from a prolonged slowdown in China and other emerging economies.
Board members also said that the weakness in Japan's output and exports was temporary.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 94.69, not far from Thursday's three-and-a-half week low of 94.48.