Investing.com - The dollar remained mostly lower against the other major currencies on Friday, as the release of mixed U.S. data weighed on demand for the greenback due to fresh uncertainty over the strength of the nation''s economic recovery.
The dollar was lower against the euro, with EUR/USD up 0.20% to 1.3629.
In a revised report, the University of Michigan said its consumer sentiment index ticked up to 81.9 this month, from a reading of 81.8 in April. Analysts had expected the index to rise to 82.5 in May.
Separately, data showed that the Chicago purchasing managers'' index rose to a seven-month high of 65.5 in May, from 63.0 in March, confounding expectations for a fall to 61.0.
The report came after data showed that personal spending in the U.S. fell 0.1% last month, compared to expectations for a 0.2% rise, after a 1% increase in March, whose figure was revised from a previously estimated 0.9% gain.
U.S. core ersonal consumption expenditures, which exclude food and energy, rose 0.2% in April, in line with expectations, after a 0.2% increase the previous month.
In the euro zone, official data earlier showed that German retail sales fell 0.9% last month, confounding expectations for a 0.4% rise, after a 0.1% uptick in April, whose figure was revised from a previously estimated 0.7% fall.
The pound was higher against the dollar, with GBP/USD rising 0.25% to 1.6759.
The dollar was steady against the yen, with USD/JPY easing 0.03% to 101.77 and lower against the Swiss franc, with USD/CHF shedding 0.24% to 0.8958.
In Japan, official data showed that household spending fell by an annualized rate of 4.6% in April, compared to expectations for a 3.2% decline, after a 7.2% increase the previous month.
Data also showed that Japan''s core consumer price inflation, which excludes fresh food, rose at an annual rate of 3.2% this month, more than the expected 3.1% gain, after a 1.3% increase in April.
Separately, in a preliminary report, government data showed that industrial production in Japan dropped 2.5% last month, more than the expected 2% decline, after a 0.7% slip in March.
Meanwhile, Switzerland''s KOF economic barometer slipped to 99.80 this month, from a reading of 101.80 in April, whose figure was revised down from a previously estimated 102.00. Analysts had expected the barometer to slip to 101.70 in May.
The greenback was steady to higher against the Australian, New Zealand and Canadian dollars, with AUD/USD down 0.11% to 0.9297, NZD/USD inching 0.02% higher to 0.8487 and USD/CAD adding 0.13% to 1.0849.
In Canada, official data showed that the gross domestic product expanded by 0.1% in March, in line with market expectations, after a 0.2% expansion in February.
A separate report showed that raw materials prices rose 0.1% in April, disappointing expectations for a 1.2% increase, after an upwardly revised 0.7% gain the previous month.
Earlier Friday, data showed that building consents in New Zealand rose 1.5% in April, confounding expectations for a 3.5% drop, after an upwardly revised 9.2% increase in March.
The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.13% to 80.42.
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