The greenback plunged on Friday, meanwhile the euro recovered from several steeps for the month post ECB’s last meeting hinted to halt the interest rate hikes.

The dollar index that gauges the greenback slipped by 0.1% to 104.982, tumbling from the earlier six-month high touched in the earlier session at 105.43.

On Thursday, the central bank increased its benchmark interest rate by 25 basis points to a record high, but it also made clear that this was probably the last hike in its more than 12-month battle against high inflation.

The central bank decreased its predictions for economic growth and increased its projections for inflation, which it now expects to decline more slowly over the next two years toward its 2% objective.

The dollar had risen over night as U.S. retail sales increased in August by 0.6% as opposed to an expected 0.2% rise, helped by higher fuel costs, and as producer prices increased more than expected.

EUR/USD edged up by 0.2% to 1.0667, recovering from the most recent ECB policy-setting meeting, which caused prices to hit a new three-month low on Thursday.

GBP/USD soared by 0.2% to 1.2429, hanging around a three-month low, with the Bank of England scheduled to convene the following week after raising interest rates at its most recent meeting for the fourteenth consecutive time.

USD/JPY advanced by 0.2% to 147.74, with attention shifting to a Bank of Japan meeting the following week in the wake of some signs from decision-makers that the regime's zero interest rate policy was about to cease.