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Dollar retreats as risk appetite improves; Australia, NZ currencies rise

Dollar strengthens as Fed expected to stay hawkish; yen fragile

Against the Japanese yen, the greenback was 0.44% higher at 148.08, particularly helped by the Bank of Japan's (BOJ) decision to keep ultra-low interest rates on Friday, and BOJ Governor Haruhiko Kuroda's still-dovish comments in the face of rising interest rates elsewhere.

US Dollar on front foot as US Fed digs in for inflation fight

The greenback gained most against the Antipodeans, especially the Aussie, which was dragged down as weaker-than-expected wage growth weighed on Australia's interest rate outlook.

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