The dollar fell to a three-year low against the yen on Friday after a weaker than expected reading of a U.S. Midwest business activity index.

The dollar also fell against the euro.

The euro changed hands at $1.5205 soon after the report from 1.5185 prior. The dollar traded against the yen, at 103.84 yen, compared with 104.05 prior.

(Reporting by Nick Olivari; Editing by Theodore d'Afflisio)