The Labor Department is scheduled to release its report on import and export prices at 8:30 am ET Friday. Economists expect a 0.4 percent month-over-month drop in import prices and a 2 percent decline in export prices.

Ahead of the data, the greenback showed mixed trading against the other major currencies. While the greenback declined against the euro and the franc, it was higher against the yen and the pound.

The greenback was worth 1.1373 against the euro, 0.9596 against the franc, 1.5344 against the pound and 120.24 against the yen as of 8:25 am ET.

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