Investing.com - The euro edged lower against the U.S. dollar on Friday, as the greenback regained some ground after Thursday's mixed U.S. economic reports sent it broadly lower.
EUR/USD hit 1.3583 during late Asian trade, the session low; the pair subsequently consolidated at 1.3602, slipping 0.12%.
The pair was likely to find support at 1.3549, the low of January 9 and resistance at 1.3674, the high of January 15.
The greenback came under pressure on Thursday after the Department of Labor said the number of people filing continuing unemployment claims rose back over three million to 3.03 million, up from 2.85 million, in the week to January 4.
U.S. employment data is being closely watched by investors since the latest nonfarm payrolls report showed that the economy added just 74,000 news jobs last month, well below expectations for 196,000.
However, the number of initial jobless claims fell by 2,000 last week to a six-week low of 326,000.
A separate report showed that the annual rate of consumer inflation in the U.S. rose 1.5% in December, up from 1.2% in November. Consumer prices were 0.3% higher from a month earlier.
Core inflation rose 0.1% from a month earlier in December and was up 1.7% on a year-over-year basis.
The euro was little changed against the pound, with EUR/GBP inching up 0.02% to 0.8331.
Later in the day, the U.S. was to release the preliminary reading of the University of Michigan consumer sentiment index, as well as data on building permits, housing starts and industrial production.