The dollar drew safe-haven support on Friday ahead of U.S. President Donald Trump’s impending tariffs, though was still headed for a monthly loss as investors weighed those threats against a darkening U.S. growth outlook.

Thailand's central bank cut its benchmark interest rate by a quarter percentage point on Wednesday, a move it said was a response to a weaker growth outlook and increased risks posed by global trade policy uncertainty.

Profits made by services firms, which dominate Britain's economy, have plunged and confidence has dried up especially among consumer-facing companies exposed to the cost-of-living crunch, according to an industry survey.

Japan's top currency diplomat, Atsushi Mimura, said on Wednesday he did not see any disparity between recent rises in the yen and a slew of positive economic data, underscoring Tokyo's view that the currency's rebound was broadly in line with an improving economy that could justify hikes in Japan's interest rates.

China plans to inject at least 400 billion yuan ($55.13 billion) into its biggest banks in coming months as part of a broader stimulus package to revive growth in the economy, Bloomberg News reported on Wednesday.

The U.S. economy could be in for a fresh inflation jolt if the Trump administration fully follows through with tariffs on Chinese imports, a New York Federal Reserve research paper said on Wednesday.