Traders are wondering about the Fed's interest rate cut this Friday while the yen vacillates at 150/dlr.

The dollar held steady on Friday after data showed that U.S. inflation remained stable but gradually relaxed, maintaining the possibility of a Federal Reserve rate cut in June, while the yen slipped to the key level of 150 to the dollar.

Bitcoin's meteoric rise took a break and held steady at $61,622, close to its highest level in over two years and within reach of the record. Cryptocurrency jumped by 45% in February, its biggest monthly gain in over three years, boosted by the inflow of cash into exchange-traded funds that were approved and launched this year in the

The dollar index, which measures the U.S. currency against six other currencies, was at 104.11 after a volatile overnight session following the inflation report. The data showed that American prices rose in January, in line with expectations, while annual inflation fell to the lowest level in three years.

On Friday, the yen weakened by 0.19% to 150.27 per dollar, after strengthening to 149.21 on Thursday, following comments from Hajime Takata, head of the Bank of Japan, who suggested that it was necessary to end ultra-light policies.

In other currencies, the euro was up 0.08% at $1.0812, while the British pound was at $1.2625, up 0.02% on the day. The Australian dollar rose by 0.08% to $0.65025, while the New Zealand dollar was little changed