Euro wavers before the weekend

Euro wavered on Friday as the dollar kept hovering near a 14-year high against main currencies, forcing the common currency into sideways trading today.
 
EUR/USD last traded at 1.0497, compared to the opening of 1.0439, with an intraday high at 1.0466, and a low at 1.0430.
 
Euro's wavering comes amid thin trading volumes in the markets before Christmas, with most investors cashing out of the markets.
 
On the other hand, the European Central Bank released its Economic Bulletin yesterday, showing policymaker's interest in inflation rates as they near the bank's 2% target in the medium term, which buoyed the common currency yesterday before returning flat today.
 
Better outlook for inflation helped euro recover as the ECB could trim down its stimulus program, which would sap euro liquidity and buoy the currency anew.