Investing.com - The U.S. dollar was broadly higher against most of its major counterparts on Friday, as investors awaited the release of highly anticipated U.S. economic growth data, amid renewed global growth concerns.
During European late morning trade, the dollar was higher against the euro, with EUR/USD edging down 0.17% to 1.2912.
Gloomy earnings and outlook statements from global giants such as Apple and Amazon, and European firms Renault and Gucci have steadily corroded the hopes of a recovery in the global economy.
Earlier Friday, a Gfk report showed that its consumer climate index for Germany improved unexpectedly to 6.3 in October from a reading of 6.1 the previous month.
Analysts had expected the index to tick down to 5.9 in October.
A separate report showed that Spain's unemployment rate rose to 25.0% in the second quarter, from a rate of 24.6% the previous quarter, barely beating expectations for a rise to 25.1%.
The greenback was steady against the pound, with GBP/USD dipping 0.02% to 1.6117.
Elsewhere, the greenback was lower against the yen, with USD/JPY dropping 0.51% to hit 79.89, but higher against the Swiss franc, with USD/CHF adding 0.16% to trade at 0.9370.
Earlier in the day, official data showed that Tokyo's core consumer price inflation, which excludes fell by 0.4% in October, less than the expected 0.5% decline, following after a 0.4% fall the previous month.
In Switzerland, the KOF Economic Research Agency said that its economic barometer fell to 1.67, from 1.68 the previous month, whose figure was revised up from 1.67.
Analysts had expected the KOF economic barometer to fall to 1.63 last month.
In addition, the greenback was mixed to higher against its Canadian, Australian and New Zealand counterparts, with USD/CAD rising 0.21% to 0.9970, AUD/USD slipping 0.20% to 1.0326 and NZD/USD inching up 0.06% to hit 0.8187.
The National Bank of New Zealand said earlier that its index of business confidence rose to 17.2 in October from a reading of 17.0 the previous month.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.11%, to trade at 80.26.
Later in the day, the U.S. was to release preliminary data on third quarter gross domestice product. In addition, the University of Michigan was to release revised data on consumer sentiment.
During European late morning trade, the dollar was higher against the euro, with EUR/USD edging down 0.17% to 1.2912.
Gloomy earnings and outlook statements from global giants such as Apple and Amazon, and European firms Renault and Gucci have steadily corroded the hopes of a recovery in the global economy.
Earlier Friday, a Gfk report showed that its consumer climate index for Germany improved unexpectedly to 6.3 in October from a reading of 6.1 the previous month.
Analysts had expected the index to tick down to 5.9 in October.
A separate report showed that Spain's unemployment rate rose to 25.0% in the second quarter, from a rate of 24.6% the previous quarter, barely beating expectations for a rise to 25.1%.
The greenback was steady against the pound, with GBP/USD dipping 0.02% to 1.6117.
Elsewhere, the greenback was lower against the yen, with USD/JPY dropping 0.51% to hit 79.89, but higher against the Swiss franc, with USD/CHF adding 0.16% to trade at 0.9370.
Earlier in the day, official data showed that Tokyo's core consumer price inflation, which excludes fell by 0.4% in October, less than the expected 0.5% decline, following after a 0.4% fall the previous month.
In Switzerland, the KOF Economic Research Agency said that its economic barometer fell to 1.67, from 1.68 the previous month, whose figure was revised up from 1.67.
Analysts had expected the KOF economic barometer to fall to 1.63 last month.
In addition, the greenback was mixed to higher against its Canadian, Australian and New Zealand counterparts, with USD/CAD rising 0.21% to 0.9970, AUD/USD slipping 0.20% to 1.0326 and NZD/USD inching up 0.06% to hit 0.8187.
The National Bank of New Zealand said earlier that its index of business confidence rose to 17.2 in October from a reading of 17.0 the previous month.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.11%, to trade at 80.26.
Later in the day, the U.S. was to release preliminary data on third quarter gross domestice product. In addition, the University of Michigan was to release revised data on consumer sentiment.