The dollar was modestly lower on Thursday in a choppy session, after comments from U.S. President Donald Trump called for lower interest rates while providing no clarity on tariffs, and investors awaited a round of policy announcements from global central banks.

U.S. stock futures and the dollar were both sliding on Friday as Asian markets rallied after President Trump signaled he wouldn’t rush to raise tariffs on China. The moves came after Trump said he “would rather not” hike levies on imports from China,