Investing.com - The dollar held steady against the other major currencies on Friday, after a string of U.S. data painted a mixed picture of the strength of the economy.
EUR/USD was steady at 1.1153, off lows of 1.1125 hit earlier in the session.
In a preliminary report, the University of Michigan said its consumer sentiment index fell to 92.9 in August from 93.1 the previous month. Analysts had expected the index to rise to 93.5 this month.
Earlier Friday, official data showed that U.S. industrial production rose 0.6% in July, exceeding expectations for a 0.3% gain. Industrial production rose 0.1% in June, whose figure was revised from a previously estimated increase of 0.3%.
A separate report showed on Friday that U.S. producer prices rose 0.2% in July, beating expectations for an uptick of 0.1%, after a 0.4% gain the previous month.
In the euro zone, data on Friday showed that gross domestic product rose 0.3% in the second quarter, confounding expectations for a growth rate of 0.4%. Year-on-year, the euro zone economy grew by a rate of 1.2% in the three months to June, compared to expectations for 1.3%.
A separate report showed that the bloc's consumer price index fell 0.6% in July, in line with expectations and after a flat reading the previous month.
The dollar was lower against the yen, with USD/JPY down 0.17% to 124.24.
Elsewhere, the dollar turned lower against the pound and the Swiss franc, with GBP/USD up 0.24% at 1.5650 and with USD/CHF slipping 0.13% to 0.9751.
The Australian dollar was higher, with AUD/USD up 0.39% at 0.7389, while NZD/USD edged down 0.10% to 0.6563.
Statistics New Zealand earlier reported that retail sales ticked up 0.2% in the second quarter, below expectations for a 0.5% gain, while core retail sales, which exclude automobiles and gas stations rose 0.1%, compared to expectations for an increase of 0.7%.
The greenback turned lower against the Canadian dollar, with USD/CAD down 0.20% at 1.3032.
In Canada, data showed that manufacturing sales rose 1.2% in June, disappointing expectations for a 2.1% gain. Manufacturing sales ticked up 0.2% in May, whose figure was revised from a previously estimated 0.1% rise.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 96.33.