The greenback edged lower on Friday, before the release of major US inflation figures, which could potentially influence sentiment with Fed meeting the upcoming week.

The dollar index that gauges the greenback versus its major pairs dipped 0.1% lower at 105.395, having advanced to 106.00 on Thursday.

Figures released on Thursday indicated that the US GDP advanced at 1.6% on an annual basis in the January–March period, much weaker than the 2.4% rate projected.

However, the report also revealed that for Q1, underlying inflation, as gauged by the core personal consumption expenditures price index, advanced by 3.7%, surpassing projections of a 3.4% advance.

Over the past few weeks, Fed officials have made it quite evident that they are still worried about inflation, which has caused the market to temper expectations of early interest rate cut.

EUR/USD ticked up by 0.2% to 1.0746, taking privilege from the slumped greenback.

GBP/USD added 0.2% to 1.2532, taking advantage of the latest dollar slump.

USD/JPY advanced by 0.6% to 156.58, soaring beyond the 156 level to fresh 34-year peaks after BOJ maintained the interest rate following a record peak in March.