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Currencies: Dollar slumps on weak U.S. growth, BOJ stimulus disappointment

The U.S. dollar slumped versus major rivals Friday, weakening in the wake of weaker-than-expected second-quarter gross domestic product data, while the yen rallied after the Bank of Japan delivered a smaller-than-expected round of additional stimulus.

The ICE U.S. dollar index DXY, -1.18% a measure of the greenback against a basket of six rivals, fell to 95.583, down from 96.751 late Thursday and off 0.4% since the end of June.

The U.S. economy expanded at a 1.2% annual pace in the second quarter, well short of the 2.6% figure expected by economists. Gross domestic product grew just 0.8% in the first quarter.

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