Industrial production for May in Japan rose 0.5%. USD/JPY traded at 101.39, down 0.03%.
The dollar weakened across the board after the Commerce Department said Wednesday that U.S. gross domestic product contracted at an annual rate of 2.9% in the first three months of the year.
U.S. first quarter GDP was initially reported to have increased by 0.1%, but was subsequently revised to show a contraction of 1.0%.
The dollar came under additional pressure after data on Thursday showed that U.S. consumer spending rose by just 0.2% in May, below forecasts for 0.4%.
On Monday, the euro zone is to produce preliminary data on consumer price inflation, which accounts for the majority of overall inflation.
