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Investing.com - The dollar edged slighly lower against the other major currencies on Friday, as sentiment on the greenback became vulnerable ahead of a highly anticipated speech by Federal Reserve Chair Janet Yellen later in the day.
A string of upbeat U.S. economic reports and the Fed's latest meeting minutes sent the dollar broadly higher this week.
On Wednesday, the minutes of the Fed’s July meeting showed that some officials believe the strengthening recovery and ongoing improvement in the labor market supports a move towards tightening monetary policy.
Market participants were eyeing Ms. Yellen's comments later in the day for further indications on the central bank's next policy moves.
EUR/USD edged up 0.08% to 1.3290, but the single currency remained within close distance of an 11-month low after data on Thursday showed that activity in the euro zone’s manufacturing sector slowed to a 13 month low in August.
The pound remained close to four-and-a-half month lows, with GBP/USD at 1.6586.
The dollar slipped lower against the yen, with USD/JPY down 0.11% to 103.73, while USD/CHF eased 0.07% to 0.9107.
Meanwhile, AUD/USD rose 0.25% to 0.9326 and NZD/USD added 0.15% to 0.8419, while USD/CAD inched up 0.04% to 1.0945.
The US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.06% at 82.16, still within close distance of Thursday's 11-month high of 82.42.
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