Investing.com - The dollar was slightly lower against the euro on Thursday, ahead of a speech by European Central Bank President Mario Draghi, while the New Zealand dollar was little changed following a rate hike by the Reserve Bank.
EUR/USD eased up 0.13% to 1.3834, holding below the highs of 1.3853 reached in the previous session.
Investors remained wary after the ECB chief warned earlier this month that further gains in the currency would trigger additional monetary easing to keep inflation from falling.
The common currency was boosted after German research institute Ifo reported that its business climate index rose to a two-month high of 111.2 this month from 110.7 in March, ahead of expectations for 110.5.
Meanwhile, USD/JPY slipped 0.13% to 102.39.
The yen found support after Japanese Prime Minister Shinzo Abe said Thursday a trade deal with the U.S., an important element of his economic reforms, had still not been finalized and that bi-lateral talks were continuing.
Sterling was steady against the dollar, with GBP/USD edging up 0.05% to 1.6789, holding below the four-and-a-half year peaks of 1.6840 reached last Thursday.
The Swiss franc pushed higher, with USD/CHF slipping 0.15% to trade at 0.8821.
Elsewhere, NZD/USD was trading at 0.8589, down from a one-week high of 0.8636 reached earlier in the session. The kiwi rose to session highs after the Reserve Bank raised its benchmark interest rate to 3.0% from 2.75%, in a widely anticipated decision.
The Australian dollar was slightly lower, with AUD/USD sliding 0.14% to 0.9276, while USD/CAD was unchanged at 1.1033.
The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, slipped 0.11% to 79.86.