The dollar slipped against the yen on Friday after a set of stimulus measures the Bank of Japan unveiled were deemed too modest to drive the greenback higher.
The BOJ on Friday said after its policy meeting that it would expand the types of assets it purchases, sending the dollar briefly soaring versus the yen.
The dollar initially rose to 123.59 JPY= after the BOJ announcement, but was last down 0.5 percent at 121.895 yen.
The BOJ decided to set aside 300 billion yen to buy exchange-traded funds (ETFs) that specifically target shares of companies actively pursuing capital expenditure. It will also extend the maturity of JGBs it buys to 12 years from 10 years next year.
The U.S. dollar index .DXY slipped 0.4 percent to 98.910 after hitting 99.294 overnight, its highest in two weeks. The index posted a 1.2 percent gain on Thursday - its biggest rise in over a month. The greenback advanced broadly after the Fed on Wednesday lifted its benchmark rate off zero.
The euro was up 0.2 percent at $1.0850 EUR=, pulling away from a 10-day low of $1.0802 hit overnight.
The Canadian dollar was now close to a 12-year low, having come within a whisker of C$1.40 per USD CAD=D4.
The Australian dollar briefly dipped below 71 U.S. cents AUD=D4 for the first time in a month, before edging back to $0.7138. Its New Zealand counterpart fell to its lowest in over a week at $0.6680 NZD=D4.
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