A gauge of the dollar treaded water as traders waited for key US economic data and the European Central Bank's interest rate decision later on Thursday. The euro edged lower.
The Bloomberg Dollar Spot Index was little changed ahead of US GDP and personal consumption data that may provide fresh clues on the Federal Reserve's policy path.
EUR/USD slipped 0.1% to 1.0875, with the ECB expected to keep interest rates on hold.
"The data flow points to a potential burst of USD volatility," Peter Dragicevich, currency strategist - APAC at Corpay, wrote in a note. Another "solid" quarter of US growth may provide intra-session dollar support, though a "push back" by the ECB on near-term rate cut may also boost the euro.
US 10-year Treasury yields fell two basis points to 4.16% after rising five basis points Wednesday.
USD/JPY rises 0.2% to 147.76, after falling 0.6% in the last session.
Source : Bloomberg
