Concerned about the American economy, the dollar fell back against the yen on Friday. However, the South African rand is strengthening.

The dollar fell against the yen for the second consecutive session, as market disappointment after American GDP pushed them to the Japanese currency, which had been in poor shape for several months. Around 10:20 GMT (12:20 CET), the dollar lost 0.78% to 133.22 yen, a high in nearly a month and a half.

The yen had reached its lowest point since 1998 against the dollar in mid-July, with the market believing that the Bank of Japan would remain timid in the face of inflation but that the Fed would continue to raise interest rates quickly.

The South African rand strengthened against the dollar in morning trade as the safe haven currency weakened due to signs of slowing US growth. At 06:20 GMT, the rand was trading at 16.4625 against the dollar, 0.15% higher than its previous close.

The dollar index, which tracks the greenback against six other major currencies, was down to 105.76, its lowest level since July 5. The euro's rebound (+0.20% to $1.0218) remained more timid, while the risk of an energy crisis continues to weigh on the eurozone's economic outlook.