Dollar remains on the downside after U.S. economic reports
The U.S. personal spending rose 0.1% last month, disappointing expectations for a 0.2% rise and after a 0.4% increase in August, based on the U.S. Bureau of Economic Analysis reports on Friday.
Additionally, on Friday, data showed that U.S. employment costs rose 0.6% in the third quarter and meet expectations.
The greenback had reinforced broadly after Wednesday's Federal Reserve statement, that officials decided to lift interest rates at their December meeting.
Elsewhere, the yen extended its support after the Bank of Japan abstained from adding additional monetary easing measures at its monthly policy meeting on Friday, with the dollar trading lower against the yen, with USD/JPY 0.47% at 120.56.
However, the single currency trade higher than the dollar, with EUR/USD up 0.34% to trade at 1.1014, after the statistical body of the European Union (Eurostat), reported on Friday that the annual rate of inflation in the euro zone was flat in September, compared to expectations for a 0.1% uptick, after a 0.1% dip the previous month.
Data also indicated that the single currency bloc's unemployment rate slipped to 10.8% last month from 10.9% in August, whose figure was revised from a previously estimated 11.0%. Analysts expected the unemployment rate to remain at 11.0% in September.
Sterling was higher against the dollar, with GBP/USD up 0.22% at 1.5343, although the dollar was unchanged against the Swiss franc, with USD/CHF at 0.9900.
The Australian and New Zealand dollars were stronger, with AUD/USD up 0.24% at 0.7091 and with NZD/USD climbing 0.61% to 0.6735.
The Canadian dollar traded lower against its U.S. counterpart and against the euro during the early U.S. trade. USD/CAD hit 1.3193 , up 0.13%, as a result of the Statistics Canada reports that the country's GDP rose 0.1% in August, in line with expectations and down from a 0.3% growth rate the previous month, EUR/CAD climbing 0.42% to 1.4520.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.25% at 97.12, still close to Wednesday's two-and-a-half month highs of 97.89.