In contrast to the yen, which declined after the Bank of Japan maintained its stimulus levels, the dollar index stayed stable on Friday, marking a rare moment of stability in the otherwise tumultuous global markets ahead of important U.S. payrolls data later in the day.

According to figures released on Thursday, last week saw the biggest increase in the number of Americans submitting new jobless benefit applications in five months. As a result, traders unwound some bets on an unexpectedly steep rise in U.S. interest rates, which caused the greenback to stall its rapid rally.

The attention now shifts to the eagerly anticipated nonfarm payrolls report that will be released later on Friday. This important data point may provide insight into the Fed's upcoming monetary policy actions.

The dollar index muted at 105.23.

EUR/USD edged up by $1.0595.
GBP/USD ticked up by $1.19425.

USD/JPY climbed by as 0.63% against the yen, a hasty action following the BOJ's decision to maintain the status quo in Governor Haruhiko Kuroda's final policy meeting before his departure in April.