The U.S. dollar mixed against the most major currencies ahead of the U.S. economic data. The greenback was supported by yesterday's better-than-expected U.S. economic data. The Philadelphia Federal Reserve Bank' manufacturing index surged to 40.8 in November from 20.7 in October. That was the highest level since December 1993.

Sales of existing homes in the U.S. climbed 1.5% to a seasonally adjusted annual rate of 5.26 million in October from 5.18 million in September. That was the highest level since September 2013.

There were released no major economic reports in the U.S. on Friday.

The euro traded lower against the U.S. dollar. In the morning trading session, the euro dropped against the greenback after comments by the European Central Bank (ECB) President Mario Draghi. He reiterated that the ECB is prepared to add further stimulus measures if needed. Investors speculate that the central bank is moving closer to launch the quantitative easing programme.

Draghi also said that inflation expectations were declining.

The British pound traded higher against the U.S. dollar. The public sector net borrowing in the U.K. declined to £7.1 billion in October from £10.6 billion in September, but missing expectations for a fall to £6.9 billion. September's figure was revised up from £11.1 billion

The Canadian dollar surged against the U.S. dollar after the better-than-expected Canadian consumer price inflation. Canadian consumer price inflation increased 0.1% in October, beating expectations for a 0.3% decline, after a 0.1% gain in September.

On a yearly basis, the consumer price index rose to 2.4% October from 2.0% in September. Analysts had expected the index to remain unchanged at 2.0%.

The consumer price index was driven by higher prices in all categories. Shelter and food costs rose 2.8% in October.

Canadian core consumer price index, which excludes some volatile goods, climbed 0.3% in October, exceeding expectations for a 0.2% rise, after a 0.2% increase in September.

On a yearly basis, core consumer price index in Canada climbed to 2.3% in October from 2.1% in September, beating forecasts of a rise to 2.2%.

The New Zealand dollar traded higher against the U.S. dollar as the People's Bank of China lowered unexpectedly its interest rate on Friday. China's central bank cut its one year deposit rate to 2.75% from 3.0%. That was the first cut since 2012. It is a try to revive the economy.

The one-year lending rate will also be lowered from 6% to 5.6%.

The changes come into effect on Saturday.

Credit card spending in New Zealand rose 6.7% in October, after a 4.5% gain in September. September's was revised up from a 4.4% increase.

The Australian dollar climbed against the U.S. dollar as the People's Bank of China lowered unexpectedly its interest rate on Friday. There were released no major economic reports in Australia.

The Japanese yen traded mixed against the U.S. dollar. In the overnight trading session, the yen increased against the greenback as Japanese Finance Minister Taro Aso said on Friday that the yen declined too rapid over the past week. That was one of the strongest warnings against a weak yen since Japan's central bank started its stimulus measures in 2012.