Investing.com - The euro was little changed against the U.S. dollar in subdued trade on Friday, close to 11-month lows as markets eyed upcoming speeches by Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi.
EUR/USD hit 1.3258 during U.S. morning trade, the session low; the pair subsequently consolidated at 1.3272, easing 0.06%.
The pair was likely to find support at 1.3242, Thursday's low and an 11-month low and resistance at 1.3360, the high of August 19.
The greenback remained supported after a string of upbeat U.S. data fuelled optimism over the strength of the country's economic recovery.
Investors now looked ahead to the second day of the Fed's annual meeting of top central bankers and economists in Jackson Hole, Wyoming, for further indications on future policy moves.
The spotlight will be on Fed Chair Janet Yellen, who will speak later Friday in her first appearance at Jackson Hole as head of the U.S. central bank. ECB President Draghi was also scheduled to speak.
Separately, investors remained cautious after Ukraine declared on Friday that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border into eastern Ukraine where pro-Russian rebels are fighting government forces.
The euro was lower against the pound, with EUR/GBP edging down 0.11% to 0.8001.