The dollar remained under pressure versus European rivals and turned lower against the yen on Friday, as traders turned to the Japanese currency as a safe haven.
Anxiety over the Ukraine-Russia crisis and slumping equities has driven skittish investors into gold and the yen this week.
With expectations for future growth taking a hit, Thomson Reuters and the University of Michigan released a report on Friday showing an unexpected deterioration in U.S. consumer sentiment in the month of March.
Producer prices in the U.S. unexpectedly showed a modest decrease in the month of February, according to a report released by the Labor Department on Friday. The Labor Department said its producer price index for final demand edged down by 0.1 percent in February after rising by 0.2 percent in January. The modest decrease by the index came as a surprise to economists.
The U.K. visible trade deficit widened more-than-expected in January as a strengthening pound weighed on exports, while oil and aircraft lifted imports. The visible trade shortfall increased to GBP 9.8 billion, the highest since September, from GBP 7.7 billion in December, the Office for National Statistics showed Friday. The deficit was expected to rise to GBP 8.6 billion.
India's inflation based on the wholesale price index, eased for a third consecutive month in February to a nine-month low led by a slowdown in food inflation and gave space for interest rate maneuver. The wholesale price index rose 4.68 percent annually, after climbing 5.05 percent in January, figures released by the Ministry of Commerce and Industry showed Friday.
Foreign trade from the U.K. and inflation figures from Germany are due on Friday, headlining a light day for the European economic news.
The members of the Bank of Japan's monetary policy board said that the country's economy is continuing its moderate recovery, and that recovery is expected to continue, minutes from the central bank's February 17-18 meeting revealed on Friday.
Risks to the outlook include the economies of commodity...
The dollar slipped to fresh multi-year lows versus the euro on Thursday, before finding its feet upon the release of upbeat U.S. economic data.
A report showing stronger than expected U.S. retail sales growth help the dollar arrest its recent plunge.
The Commerce Department said retail sales rose...
While the Commerce Department released a report on Thursday showing a moderate increase in U.S. business inventories in the month of January, the report also showed a notable drop in business sales. The report said business inventories rose by 0.4 percent in January following a 0.5 percent increase in December. The increase in inventories matched economist estimates.
With prices for fuel imports showing a significant increase, the Labor Department released a report on Thursday showing that U.S. import prices rose by much more than expected in the month of February. The report said import prices climbed by 0.9 percent in February following an upwardly revised 0.4 percent increase in January.
First-time claims for U.S. unemployment benefits unexpectedly showed a modest decrease in the week ended March 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 315,000, a decrease of 9,000 from the previous week's revised figure of 324,000.
Retail sales in the U.S. rose by slightly more than expected in the month of February, according to a report released by the Commerce Department on Thursday.
The report said retail sales rose by 0.3 percent in February following a revised 0.6 percent drop in January. Economists had expected sales to edge up by 0.2 percent.
China's industrial production, retail sales and fixed investment grew less than expected in the first two months of 2014, underscoring the moderate slowdown in the region as measures to clamp down credit suppressed investment. Industrial production increased 8.6 percent year-on-year in the January to February period, the National Bureau of Statistics said Thursday.
Inflation figures are due from France and Italy on Thursday, headlining a light day for the European economic news.
The Bank of Korea's monetary policy board on Thursday decided to hold the nation's benchmark interest rate at 2.50 percent - unchanged for the 10th straight month and in line with expectations.
The BoK had trimmed rates by 25 basis points in May, from 2.75 percent to 2.50 percent after six months...