The U.S. dollar edged higher against major currencies including the yen and the euro on Wednesday as data showing a slowdown in inflation was eclipsed by worries about potential inflationary implications of President Donald Trump's tariffs.

The U.S. dollar strengthened on Friday as escalating global trade tensions and economic slowdown fears weighed on markets. The euro slipped to $1.0847, retreating further from Tuesdays five-month peak,

The U.S. dollar was broadly firmer on Friday with the euro pulling further away from a five-month peak as markets grappled with escalating global trade tensions and risks of a sharp economic downturn.