The US dollar plunged versus the Japanese yen Friday following optimistic Japanese data and worries over Greece’s debt negotiations, bolstering safe-haven demand.

Official figures showed household spending climbed 2.4% in May, while consumer price index rose by 0.5% last month. Unemployment rate steadied at 3.3%.

Against the Japanese yen, the greenback stood at ¥123.22. The dollar closed at $1.1191 per euro.

The market is under pressure as talks between Greek officials and its international lenders ended without an agreement on Thursday.

Greece needs to seal a deal with creditors in order to unlock the €7.2 billion in bailout fund and give a €1.6 billion repayment to the International Monetary Fund on June 30.

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