The U.S. dollar traded flat on Friday, heading towards achieving its highest rally since 2015.

The U.S. dollar index that gauges the dollar versus its major pairs slumped by 0.03% at 103.81.

The greenback gained a massive support this year from Fed's monetary policy in an attempt to combat the surged inflation.

EUR/USD advanced by 0.07% at $1.0667, heading towards annual drop exceeding 6%.

The euro suffered this year from the strong greenback that was backed up by the interest rates hikes from the central ban, also the continuous worries over the Ukraine war and its negative effect on the energy market.

EUR/USD plunged a bit by 0.06% at $1.2045. The pound is heading towards wrapping up the tense year that witnessed markets and politics disruptions with a slump more than 10%.

USD/CNH dropped 6.9623 per dollar, moving towards its poorest levels in 12 years.

China started to ease its COVID curbs, however the infected cases are in continuous surge, consequently many countries decided to oblige Chinese visitors to conduct Covid-19 test.