Investing.com - The dollar was mixed against the other major currencies on Friday, as investors were still digesting the release of mostly positive U.S. economic reports on Thursday and as they eyed upcoming U.S. housing data.
The dollar was little changed against the euro, with EUR/USD up 0.05% to 1.3718.
Demand for the greenback remained supported after a string of upbeat U.S. economic reports were released on Thursday, including jobless claims and manufacturing activity in New York and Philadelphia.
The single currency weakened on Thursday after data showed that the euro zone’s gross domestic product grew just 0.2% in the first quarter, compared to expectations for growth of 0.4%. On a year-over-year basis the bloc’s economy expanded 0.9%, falling short of expectations for growth of 1.1%.
A separate report showed that the bloc''s annual rate of inflation was unchanged at 0.7% in April, in line with forecasts, but still well below the ECB''s target of close to but just under 2%.
Meanwhile, investors continued to monitor developments in Ukraine as U.S. Secretary of State John Kerry warned Russia it faced broader economic and industrial sanctions if it meddled in Ukraine''s presidential elections on May 25.
The pound was higher against the dollar, with GBP/USD edging up 0.10% to 1.6807.
Sentiment on the pound remained vulnerable after the Bank of England on Wednesday left its forecasts for growth and inflation largely unchanged in its quarterly Inflation Report and indicated that it is still in no rush to hike interest rates.
The dollar was steady against the yen, with USD/JPY dipping 0.01% to 101.56 and fractionally lower against the Swiss franc, with USD/CHF down 0.07% to 0.8903.
The greenback was steady to higher against the Australian, New Zealand and Canadian dollars, with AUD/USD easing 0.01% to 0.9355, NZD/USD edging 0.06% lower to 0.8639 and USD/CAD down 0.08% to 1.0874.
The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.03% to 80.06.
Later in the day, the U.S. was to release data on building permits and housing starts, as well as a preliminary reading on consumer sentiment from the University of Michigan.
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