The greenback rose against most of its counterparts for a second day in a row on Friday as investors booked profit on stocks and higher-yielding currencies ahead of Thanksgiving holiday in the U.S. next week while coming Monday will be a holiday in Japan. The dollar index, which measures the dollar's strength against a basket of six major currencies, ended this week higher at 75.583 after falling to a fresh 15-month low of 74.679 on Monday.

Earlier in Asian session, euro briefly climbed to 1.4935 after Fed governor's Plosser said in an interview with CNBC that ' not quite time for Fed to raise interest rates '. However, renewed selling quickly pushed price lower and the single currency later tumbled to an intra-day low of 1.4800 against the dollar in European afternoon. The pair was able to rebound after New York session kicked in and then moved sideways as there were no U.S. economic data scheduled on Friday. European Central Bank governing council member Vitor Constancio said that indicators currently point to inflation being well under control on a horizon of 18 to 24 months. In addition, German Finance Minister Wolfgang Schaeuble said leaving economic support measures in place too long would risk laying the foundations for a new financial market crisis.

The British pound extended this week's descent and fell to a two-week low against the greenback on Friday as concerns over Britain's financial health increased. Sterling erased all of the gains made on Monday when cable hit a three-month high of 1.6879. Cross selling on the pound versus euro also weighed on sterling as eur/gbp rebounded strongly from Tuesday's multi-week low of 0.8834 to as high as 0.9019 in late New York afternoon Friday.

Monday will be a holiday in Japan while U.S. markets will close on Thursday for Thanksgiving holiday.

Data to be released next week include German and eurozone manufacturing and services PMI, Canada retail sales, U.S. existing home sales on Monday, Japan BoJ report, German GDP, Ifo index, eurozone industrial orders, U.S. GDP, consumer confidence, house price index, FOMC meeting minutes for Nov. on Tuesday, Japan trade balance, German Gfk index, U.K GDP, U.S. PCE data, durable goods orders, jobless claims, personal income and spending, University of Michigan survey, new home sales data on Wednesday, U.K. CBI distribution trade, German CPI on Thursday, Japan household spending, CPI, unemployment rate, German import price index, eurozone business climate, economic sentiment, Switzerland Kof indicator, Canada current account on Friday.