The euro headed for a second weekly gain versus the yen before a report that economists said will show an indicator of future inflation in Europe quickened, giving the central bank more reason to raise interest rates.
The Australian and New Zealand dollars were set for weekly gains against all their major peers as stocks gained and a measure of price volatility declined.
EUR/USD: the pair bargained within the limits of $1.4150-$ 1.4190.
GBP/USD: the pair bargained within the limits of $1.6090-$ 1.6140.
USD/JPY: the pair bargained within the limits of Y80.90-Y81.05.US data starts at 1230GMT, when fourth quarter GDP is expected to be revised up to a 3.0% rate of growth, while the chain price index is expected to be unrevised at +0.4%. Analysts have already turned their attention to the first quarter of 2011, however. At 1355GMT, the Michigan Sentiment index is expected to be revised down to a reading of 68.0 in March, still below the 77.5 reading in February.