The dollar edged higher against the euro in early trading on Friday after the release of data from the New York Federal Reserve and figures on U.S. consumer prices.
The euro briefly fell to $1.4109 on Reuters data, and was last at $1.4112 EUR=, down 0.2 percent on the day. Before the release of the data ,the euro was flat around $1.4140.
Analysts said an unexpected contraction in New York State manufacturing activity in July weighed on risk appetite,
Joe Manimbo, senior market analyst at Travelex Global Business Payments in Washington, said the hotter-than-expected core consumer prices also helped support the dollar.
"That reinforces Fed Chairman Ben Bernanke's stance that QE3 is not on the horizon. That's somewhat dollar supportive," he said.
For more on data, see [ID:nN1E76E03D] [ID:nN1E76D10F] (Editing by Padraic Cassidy)
