Investing.com - The dollar remained broadly higher against the other major currencies on Friday, despite the release of disappointing U.S. consumer sentiment data, while markets continued to focus on developments in Iraq.
The dollar was steady against the euro, with EUR/USD down 0.07% to 1.3542.
In a preliminary report, the University of Michigan said its consumer sentiment index fell to 81.2 this month from 81.9 in May, whose figure was revised up from a previously estimated reading of 81.8. Analysts had expected the index to rise to 83.0 in June.
Earlier Friday, official data showed that U.S. producer price inflation fell 0.2% in May, confounding expectations for a 0.1% rise, after a 0.6% increase the previous month.
Core producer price inflation, which excludes food, energy and trade, slipped 0.1% last month, compared to expectations for an increase of 0.1%, after a 0.5% rise in April.
Meanwhile, market sentiment remained under pressure after U.S. President Barack Obama warned of possible military strikes in Iraq after a rebellion led by a Sunni Islamist group continued to spread rapidly through the country.
The pound was higher against the dollar, with GBP/USD adding 0.18% to 1.6958.
The dollar was higher against the yen and the Swiss franc, with USD/JPY rising 0.34% to 102.05 and with USD/CHF edging up 0.11% to 0.8994.
At its monthly policy-setting meeting, the BoJ said it will continue to expand the monetary base at a pace of ¥60 trillion to ¥70 trillion per year, in a widely expected move.
BoJ Governor Haruhiko Kuroda had said last week that the central bank's easing measures are having the intended effects and are leading to an improvement in the economy.
The greenback was steady to higher against the Australian, New Zealand and Canadian dollars, with AUD/USD down 0.40% to 0.9388, NZD/USD sliding 0.41% to 0.8652 and USD/CAD easing up 0.07% to 1.0862.
Official data showed that manufacturing sales in Canada declined 0.1% in April, disappointing expectations for an increase of 0.9%, after a downwardly revised 0.3% rise in March.
In New Zealand, data earlier showed that the business manufacturing index fell to 52.7 in May, from a reading of 54.4 in April, whose figure was revised down from a previously estimated 55.2.
The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.03% to 80.62.
Also Friday, official data showed that industrial production in China rose at an annual rate of 8.8% last month, in line with expectations, after an increase of 8.7% in April. The upbeat data eased concerns over a slowdown in the world's second biggest economy.