Investing.com - The dollar remained broadly lower against the other major currencies on Friday, as demand for the greenback remained under pressure after the release of mixed U.S. economic reports.
The dollar was steady against the euro, with EUR/USD up 0.03% to 1.3684.
In a preliminary report, the University of Michigan said its consumer sentiment index remained unchanged at 81.2 this month, beating expectations for a fall to 80.6.
The report came after official data showed that U.S. industrial production fell 0.3% in January, compared to expectations for a 0.3% rise, after a 0.3% increase the previous month.
Data also showed that U.S. import prices rose 0.1% last month, confounding expectations for a 0.1% downtick, after a 0.2% rise in December.
The euro strengthened earlier, after preliminary data showed that the euro zone''s gross domestic product expanded by 0.3% in the fourth-quarter, above expectations for a 0.2% expansion, after a 0.1% rise in the third quarter.
A separate report showed that German GDP rose 0.4% in the fourth quarter, exceeding expectations for a 0.3% expansion, and after a 0.3% rise in the three months to September.
In France, the GDP expanded by 0.3% in the last quarter, compared to expectations for a 0.2% rise, after a 0.1% contraction in the third quarter.
The pound was higher against the dollar, with GBP/USD gaining 0.41% to 1.6725.
The pound remained supported after the BoE raised its U.K. economic growth forecast for 2014 to 3.4% from 2.8% on Wednesday.
The bank also updated its forward guidance on bank rates, saying it will not raise rates until the spare capacity in the U.K. economy has been fully absorbed, which it does not see happening until 2015.
The dollar was lower the yen and the Swiss franc, with USD/JPY shedding 0.26% to 101.90 and with USD/CHF easing 0.07% to 0.8930.
The greenback was steady to lower against the Australian, New Zealand and Canadian dollars, with AUD/USD climbing 0.48% to 0.9023, NZD/USD rising 0.25% to 0.8362 and USD/CAD inching down 0.02% to 1.0973.
In Canada, official data showed that manufacturing sales fell 0.9% in December, compared to expectations for a 0.3% rise. Manufacturing sales in November were revised down to a 0.5% gain from a previously estimated 1% increase.
The U.S. dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.14% to 80.25.
Also Friday, official data showed that consumer price inflation in China rose 1% last month, exceeding expectations for a 0.7% gain, after a 0.3% uptick in December.