A set of US dollar banknotes are fanned out for a photo.
Igor Golovniov | SOPA Images | LightRocket via Getty Images
The dollar fell against major currencies on Friday as U.S. yields languished and the euro was boosted by an upbeat survey of purchasing managers.
The yields on the notes hovered around 1.56% on Friday, as they have been all week. They had reached 1.75% at the end of March.
The euro rose 0.3% on the day to $1.2055 after a purchasing managers’ index for April came in better than expected in the euro zone and supported the view that the region’s economic recovery is accelerating and won’t lag as far behind the U.S. recovery as earlier.
A similar U.S. survey also came out later on Friday and seemed to buoy the dollar shortly…