NEW YORK (AFP) - The dollar continued its decline against the euro on Friday as the greenback remains under pressure since the Federal Reserve said it might inject money into the economy. The US currency also weakened against the yen and neared a historic low against the Swiss franc as the stock markets rallied after new data showed orders for big-ticket items decreased in August at a slower than expected rate. But the Feds announcement on Tuesday that it was ready to revive stimulus measures if the economy faltered continued to weigh on the dollar. The euro also gained momentum after a report showed a rise in business confidence in Germany. On one hand the United States is another step closer to more quantitative easing with continued low interest rates, on the other hand Japan is obviously very concerned about the strength of its currency and wants it to be lower. Of the three major world currencies, what do you wanna buy? said David Solin of Foreign Exchange Analytics. The euro rose to 1.3488 dollars at 2100 GMT, up from 1.3312 on Thursday evening. Against the yen, the dollar was down to 84.20 from 84.39 yen the day before. The euro extended the overnight rally (against the dollar) following the mixed slew of data, and the overall improvement in demands seems to be feeding into the rise in risk appetite as the exchange rate rallies to a fresh daily high, said analysts at DailyFX.com Against other major currencies the dollar on Friday fell to 0.9846 Swiss francs from 0.9852 the day before, while the British pound rose to 1.5822 from 1.5680.