Investing.com - The dollar index remained near 11-month highs on Friday, as the release of upbeat U.S. consumer sentiment data fuelled further optimism over the strength of the country's economic recovery.
The University of Michigan said its consumer sentiment index was revised to 82.5 this month, up from a preliminary reading of 79.2, exceeding expectations for a reading of 80.1.
Data also showed that the Chicago purchasing managers' index rose to 64.3 in August, from a reading of 52.6 the previous month, beating expectations for an increase to 56.0.
On a less positive note, the Bureau of Economic Analysis reported that U.S. personal spending fell 0.1% last month, confounding expectations for a 0.2% rise, after an increase of 0.4% in June.
EUR/USD was steady at 1.3188, after preliminary data showed that euro zone consumer price inflation ticked down to an annualized rate of 0.3% this month from 0.4% in July.
Core consumer price inflation, which excludes food, energy, alcohol, and tobacco, rose to 0.9% in August compared to a year ealier, from 0.8% in July.
Data also showed that the euro zone's unemployment rate remained unchanged at 11.5% last month.
Earlier Friday, official data showed that German retail sales declined 1.4% in July, disappointing expectations for a 0.1% rise, after a revised 1.0% gain in June.
The pound edged higher, with GBP/USD adding 0.13% to 1.6608. Earlier Friday, the Nationwide Building Society reported that U.K. house price inflation climbed 0.8% this month, exceeding expectations for a 0.1% gain.
The dollar rose against the yen, with USD/JPY up 0.12% to 103.85 and steady against the Swiss franc, with USD/CHF at 0.9146.
Official data earlier showed that household spending in Japan dropped at a annualized rate of 5.7% in July, while a preliminary report showed that industrial production rose 0.2% last month.
Retail sales in Japan rose at an annualized rate of 0.5% in July, beating expectations for a 0.1% uptick, after a 0.6% fall in June.
In Switzerland, the KOF Economic Research Agency said its economic barometer rose to 99.5 in August, from a downwardly revised reading of 97.9, compared to expectations for a slip to 97.8.
Meanwhile, the Australian, New Zealand were little changed, with AUD/USD at 0.9351, NZD/USD at 0.8387, while USD/CAD slid 0.35% to 1.0823.
A report showed that New Zealand's ANZ business confidence index dropped to a 20-month low of 24.4 this month from a reading of 39.7 in July.
Separately, Statistics Canada said the country's gross domestic product expanded by 0.3% in June, in line with expectations. Year-on-year, Canada's economy grew by 3.1% in June, beating expectations for a 2.7% expansion.
The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was steady at 82.47, not far from Wednesday's 11-month high of 82.75.