on the most recent consumer inflation report, the greenback held steady on Friday, while sterling gained on better-than-anticipated U.K. growth statistics.

The dollar index that gauges the greenback against its major pairs dipped to 102.350 but is still on track to post a weekly gain for the fourth time in a row.

As traders analyzed the most recent inflation estimate on Friday, which showed that the U.S. consumer price index increased as anticipated from the previous month in July, the value of the dollar remained relatively steady.

The figure increased betting that the Fed would hold rates in September, but it also caused markets to lower their estimates for a rate decrease this year, with rates predicted to stay at 22-year highs.

EUR/USD ticked up by 0.1% to 1.0992, after French inflation, which is harmonized to be similar across the European Union, increased by 5.1% on an annual basis in July, slightly higher than the 5.0% anticipated, with the euro creeping higher.

GBP/USD advanced by 0.3% to 1.2708 following figures revealed that, despite predictions for a flat reading, the U.K. economy expanded by 0.2% in the second quarter, buoyed by monthly growth of 0.5% in June.

USD/JPY soared to 144.78, with the pair nearing its highest point since late, when it briefly exceeded the 145 level as well, there have been fears of more intervention.