Investing.com - The dollar remained broadly higher against the other major currencies in quiet trade on Friday, as the previous session's upbeat U.S. data continued to support demand for the greenback and as investors eyed the release of additional U.S. economic reports later in the day.
The dollar was higher against the yen, with USD/JPY rising 0.16% to 119.08.
The dollar strengthened broadly after the U.S. Department of Labor reported on Thursday that the number of individuals filing for initial jobless benefits in the week ending October 10 decreased by 7,000 to 255,000 from the previous week’s total of 262,000.
Analysts had expected jobless claims to rise by 8,000 to 270,000.
Separately, the U.S. Commerce Department said that consumer prices fell 0.2% last month, matching forecasts. Year-over-year, consumer prices were flat in September.
Core consumer prices, which exclude food and energy costs, increased by 0.2%, above expectations for a gain of 0.1%.
Investors were awaiting reports on U.S. industrial production and consumer sentiment due later in the day, for further indications on the strength of the economy.
Earlier Friday, Bank of Japan Governor Haruhiko Kuroda said that the overall inflation trend is improving and that consumer spending is recovering from a lull earlier this year, dampening expectations that the central bank will increase stimulus measures.
The dollar was also higher against the euro, with EUR/USD shedding 0.26% to 1.1357.
In a final report, Eurostat said the euro zone's consumer price index rose 0.2%, in line with expectations and up from an initial estimate of 0.0%.
Elsewhere, the dollar was steady against the pound, with GBP/USD at 1.5447 and was higher against the Swiss franc, with USD/CHF adding 0.19% to 0.9524.
The Australian and New Zealand dollars were weaker, with AUD/USD declining 0.93% to 0.7259 and with NZD/USD retreating 0.90% to 0.6790.
Meanwhile, USD/CAD gained 0.49% to trade at 1.2921.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.23% at 94.67.