On Thursday, the dollar fell against the basket of major currencies, as hopes for progress in the negotiations on the issue of Greek debt boosted demand for risky assets.
The EUR/USD rose 0.79% to 1.1123 after Greece proposed tax increases and significant cost-cutting measures in the hope of another program from the European bailout before the country is plunged into bankruptcy.
Athens is trying to get at least 50 billion euros over the next three years. In exchange, the government has presented a number of austerity measures, which are estimated at a total of 12-13 billion euros - considerably more than the previous commitments of Greece.
Such a solution increased possibilities of Greece to agree with the European creditors, who plan to make a final decision to grant further financial assistance to the country on Sunday.
At the same time, the Greek Government has extended until Monday the suspension of the banks and kept the daily limit on cash withdrawals at ATMs in the amount of 60 euros.
The pound went also up, the pair GBP/USD rose 0.59% to 1.5469.
On Friday, the UK Office for National Statistics reported that the trade deficit fell in May to 8.00 billion pounds from 9.39 billion pounds in April, the figure being revised up from the previously forecast of 8.56 billion pounds.
Analysts expect that in May the trade deficit will increase to 9.70 billion pounds.
The dollar rose against the yen, USD/JPY rose 0.68% to 122.17, and fell against the Swiss franc, USD/CHF fell 0.83% to 0.9398.
The yen came under pressure as the demand for safe assets weakened after the Shanghai Composite Index jumped by about 5%, after the Chinese government pay more attention to short sales and weakened the rules of buying high-yield shares by insurance companies as a result of the recent collapse in the Chinese stock market.
Stock markets in China lost more than 30% over the past three weeks.
The dollars of Australia and New Zealand rose, the pair AUD/USD rose 0.08% to 0.7454 and the pair NZD/USD rose 0.16% to 0.6752.
Earlier on Friday, data showed that mortgage lending in Australia fell 6.1% in May, twice the expected decline of 3.5%. The volume of mortgages rose 0.7% in April.
Meanwhile, the pair USD/CAD was traded at 1.2714.
The USD index, showing the relationship of the dollar to the set of major currencies, went down 0.51% to 96.17.