The dollar weakened against most major currencies on Friday (Saturday morning GMT ) , while the euro rose across the board due to the euro zone economic data reduces the likelihood of further monetary easing by the European Central Bank .
The European Union's statistics office reported on Friday that inflation in the euro area rose 0.9 percent from a year earlier , higher than market expectations , according to Xinhua .
Meanwhile , the unemployment rate in the euro zone declined unexpectedly in October to 12.1 percent from a record 12.2 percent in the previous month , falling for the first time in nearly three years .
Economic data in the euro zone dampened speculation further monetary stimulus from central banks and boosting the euro . European Central Bank ( ECB ) unexpectedly cut its benchmark interest rate to a record level of 0.25 percent on Nov. 7 .
For this month , the euro gained 0.03 percent against the dollar , while the dollar rose 4.1 percent against the yen .
In late New York trading , the euro rose to 1.3583 dollars from 1.3573 dollars in the previous session , and the British pound rose to 1.6365 dollars from 1.6277 dollars . The Australian dollar rose to 0.9110 dollars from 0.9077 dollars .
The dollar bought 102.43 yen , from 102.12 yen higher than the previous session . The greenback moved down to 0.9067 Swiss francs from 0.9081 francs and rose to 1.0613 Canadian dollar from 1.0596 Canadian dollar .
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