Investing.com - The U.S. dollar was mixed against the other major currencies on Friday, after the release of mixed euro zone data, as investors eyed the release of U.S. economic reports later in the day.
During European morning trade, the dollar was steady against the euro, with EUR/USD inching up 0.03% to 1.3081.
The euro was little changed after official data showed that consumer price inflation in the euro zone remained unchanged at 2.2% in November, in line with expectations.
Core consumer price inflation, which excludes food, energy, alcohol, and tobacco, rose slipped to an annualized rate of 1.4% last month from 1.5% the previous month, disappointing expectations for the rate to remain unchanged.
Earlier Friday, Markit research group said in a preliminary report that the euro zone's manufacturing purchasing managers' index improved less-than-expected in December, ticking up to 47.3 from a reading of 46.2 the previous month.
The euro zone's services PMI rose to 47.8 this month from 46.7 in November, beating expectations for a rise to 47.0.
Separately, Markit said that Germany's manufacturing PMI slipped to 46.3 in December from 46.8 the previous month. Analysts had expected the index to improve to 47.2.
Germany's services PMI climbed to 52.1 this month from a reading of 49.7 in November, beating expectations for a rise to 50.0.
Sentiment remained supported after euro zone finance ministers agreed on Thursday to immediately disburse EUR34.4 billion in bailout funds for Greece. The announcement came one day after a long-awaited deal on rules for supervising euro zone banks was concluded.
The greenback was lower against the pound, with GBP/USD adding 0.11% to 1.6131.
Elsewhere, the greenback was higher against the yen, with USD/JPY edging 0.18% higher to trade at 83.80, and almost unchanged against the Swiss franc, with USD/CHF easing up 0.02% to 0.9237.
The Bank of Japan said earlier that its Tankan manufacturing index deteriorated more-than-exected in the fourth quarter, falling to minus 12 from a reading of minus 3 in the previous quarter. Analysts had expected the index to fall to minus 10 this quarter.
The Tankan service sector index fell to 4 this quarter from a reding of 8 in the third quarter, compared with expectations for a decline to 5.
The greenback was mixed against its Canadian, Australian and New Zealand counterparts, with USD/CAD dipping 0.04% to 0.9845, AUD/USD inching up 0.08% to 1.0536 and NZD/USD falling 0.23% to 0.8413.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.02% to 79.98.
Later in the day, the U.S. was to produce official data on consumer inflation, the capacity utilization rate, industrial production and preliminary data on manufacturing activity.
During European morning trade, the dollar was steady against the euro, with EUR/USD inching up 0.03% to 1.3081.
The euro was little changed after official data showed that consumer price inflation in the euro zone remained unchanged at 2.2% in November, in line with expectations.
Core consumer price inflation, which excludes food, energy, alcohol, and tobacco, rose slipped to an annualized rate of 1.4% last month from 1.5% the previous month, disappointing expectations for the rate to remain unchanged.
Earlier Friday, Markit research group said in a preliminary report that the euro zone's manufacturing purchasing managers' index improved less-than-expected in December, ticking up to 47.3 from a reading of 46.2 the previous month.
The euro zone's services PMI rose to 47.8 this month from 46.7 in November, beating expectations for a rise to 47.0.
Separately, Markit said that Germany's manufacturing PMI slipped to 46.3 in December from 46.8 the previous month. Analysts had expected the index to improve to 47.2.
Germany's services PMI climbed to 52.1 this month from a reading of 49.7 in November, beating expectations for a rise to 50.0.
Sentiment remained supported after euro zone finance ministers agreed on Thursday to immediately disburse EUR34.4 billion in bailout funds for Greece. The announcement came one day after a long-awaited deal on rules for supervising euro zone banks was concluded.
The greenback was lower against the pound, with GBP/USD adding 0.11% to 1.6131.
Elsewhere, the greenback was higher against the yen, with USD/JPY edging 0.18% higher to trade at 83.80, and almost unchanged against the Swiss franc, with USD/CHF easing up 0.02% to 0.9237.
The Bank of Japan said earlier that its Tankan manufacturing index deteriorated more-than-exected in the fourth quarter, falling to minus 12 from a reading of minus 3 in the previous quarter. Analysts had expected the index to fall to minus 10 this quarter.
The Tankan service sector index fell to 4 this quarter from a reding of 8 in the third quarter, compared with expectations for a decline to 5.
The greenback was mixed against its Canadian, Australian and New Zealand counterparts, with USD/CAD dipping 0.04% to 0.9845, AUD/USD inching up 0.08% to 1.0536 and NZD/USD falling 0.23% to 0.8413.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.02% to 79.98.
Later in the day, the U.S. was to produce official data on consumer inflation, the capacity utilization rate, industrial production and preliminary data on manufacturing activity.