Investing.com - U.S. import prices declined as expected in March while export prices increased slightly more than forecast, official data showed on Friday.
In a report, the U.S. Bureau of Labor Statistics said import prices decreased by a seasonally adjusted 0.2% last month, in line with forecasts. Import prices rose by 0.4% in February, revised from an initial 0.2% gain.
Export prices rose by a seasonally adjusted 0.2% in March, above forecasts for a 0.1% increase. That followed a 0.4% gain a month earlier.
Following the report, EUR/USD was trading at 1.0601 from around 1.0603 ahead of the data, GBP/USD was at 1.244 from 1.2495 earlier, while USD/JPY changed hands at 109.57 compared to 109.58 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 100.64, compared to 100.62 ahead of the report.
Meanwhile, U.S. stock futures pointed to a lower open. The Dow futures pointed to a decline of 10 points, or 0.05%, the S&P 500 futures indicated a drop of 4 points, or 0.16%, while the Nasdaq 100 futures lost 7 points, or 0.13%.
Elsewhere, in the commodities market, gold futures traded at $1,277.85 a troy ounce, compared to $1,278.05 ahead of the data, while crude oil traded at $53.62 a barrel from $53.57 earlier.