Investors were cautious ahead of the release of US economic growth data, showing the US dollar traded little changed at the opening of the European session.
A preliminary reading of gross domestic product (GDP) is projected to grow by 2% in the first quarter, compared to a revised 2.6% in the previous quarter.
The release of this data could be an indicator for the next US dollar trading ahead of the FOMC policy meeting which will take place next week.
In addition, investors' focus will also be aimed at the US jobless claims data which is expected to show an increase in the past week.
Turning to broader currency moves, the euro continued to trade firmer around the one-year highs it hit in the previous session.
The pound currency traded almost unchanged against the greenback hovering at a 2-week high.
Meanwhile, the antipodean currency Aussie and New Zealand dollar are seen to bounce back from one-month lows.
Even so, the increase recorded by the Aussie dollar is quite limited as it is still affected by the Australian inflation data which decreased in the first quarter.
The yen fell slightly with investors being more cautious ahead of the Bank of Japan (BOJ) policy meeting that will take place on Friday (tomorrow).
The Canadian dollar remained traded lower, following the decline recorded in crude oil trading.
