The U.S. dollar rose on Friday, after news of a quarterly loss reported by Bank of America, one of the most powerful banks in the USA. It reduced the consumer confidence and the investor demand for higher-risk currencies. Forex Investors perceive US dollar as a “low risk” currency.

The euro dropped against the U.S. dollar at 1.49 EURUSD in Forex account metatrader. Signs of U.S. consumers and some top U.S. banks that are still under pressure of debt gave investors a chance on Friday to book profits on U.S. dollar, stocks and some commodities.

Canada's dollar fell against the U.S. currency on Friday as investor thirst for risk waned and soft domestic inflation data underpinned expectations that the Bank of Canada will keep rates steady through mid-2010.