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The US dollar was hugely unchanged versus the Japanese yen on Friday, with activity hushed despite a lack of latest trading cues before the weekend.
In early trade, the greenback was sturdy after a slightly lower than anticipated profit in closely monitored inflation data for Tokyo, as speculators who awaited a much larger increase in the consumer price index bought back the dollar, gliding it as high as ¥102.51.
The Tokyo metropolitan area core consumer price, except volatile fresh food pries, rose 2.7% initially from last year in April, the biggest gain since 1992, based on the data released by the Ministry of Internal Affairs and Communications.
The indicator was keenly watched as it was the first inflation figures in Japan since a sales tax hike that took effect April 1.
Investors are now changing their focus to a batch of huge events next week such as the US Federal Open Market Committee gathering, Bank of Japan's policy board meeting, and US jobs data.
In general, investors view the yen as a safe haven asset that keeps its worth in times of geopolitical or financial instability.
The US dollar settled at ¥102.32, previously ¥102.29 on Thursday's trading in New York. The euro dealt at $1.3834, previously $1.3832, and at ¥141.55 from ¥141.48.
