Early trade in New York: Dollar weakens against euro

The dollar extended its slide against a surging euro on Friday, hurt by month-end flows and as the common currency continued to enjoy a boost from the European Union's recently announced plan to prop up the bloc's coronavirus-hit economies with a 750 billion-euro ($828 billion) recovery fund.
The dollar, a safe-haven currency, found some support as traders awaited US President Donald Trump's response to China's tightening control over Hong Kong, which could worsen tensions between the two powers over the financial hub.
The euro was 0.32% higher at $1.1112, on pace for its fourth straight day of gains. The euro's rally this week has pushed it over its 200-day moving average for the first time since late March and lifted it about 2% for the week, its best weekly gain in nine weeks.
The pound was about flat against the euro and the dollar ahead of a new round of Brexit talks next week.