The greenback geared towards the lowest level in 7 months on Friday as the economic data spiked investors' worries that the recession is inevitable, meanwhile a wave of selling hunkered the yen down.

An advance in the US dollar versus its major pairs by 0.2% at 102.17, steading above its lowest level in 7 months hit on Wednesday.

USD/JPY edged up by 129.26. While investors' projections hovered around tweaks in the BoJ's policy, beating these expectations, the bank decided to keep holding up to its loosened policy.

December's CPI in Japan ticked up by 4.0% which is considered to be twice the target at 2%.

EUR/USD traded steady at $1.0834.

GBP/USD slipped by 0.4% at $1.2342 following the slump in December's retail sales as the shoppers' purchases were lower however they paid more money.

Markests are eagerly awaiting an eased interest rate hikes as Fed took it down last month by 50 bps post raising it by 75 bps for four consecutive times.