The dollar dropped against all of its major rivals Friday morning, following the release of several weaker than expected economic reports. The U.S. currency has pared its losses over the course of the trading day and is now turning in a mixed performance. The buck is down against the Euro and the Japanese Yen, but has turned positive against the British pound.

After reporting much stronger than expected U.S. retail sales growth in the previous month, the Commerce Department released a report on Friday showing that retail sales were unexpectedly flat in the month of July.

The Commerce Department said retail sales were virtually unchanged in July after climbing by an upwardly revised 0.8 percent in June. Economists had expected sales to rise by 0.4 percent compared to the 0.6 percent increase originally reported for the previous month.

Partly reflecting a steep drop in prices for trade services, the Labor Department released a report on Friday showing an unexpected decrease in U.S. producer prices in the month of July. The Labor Department said its producer price index for final demand fell by 0.4 percent in July after rising by 0.5 percent in June. Economists had expected the index to inch up by 0.1 percent.

Consumer sentiment in the U.S. has improved by less than expected in the month of August, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index inched up to 90.4 in August from the final July reading of 90.0. Economists had expected the index to climb to 91.5.

Business inventories in the U.S. rose by slightly more than expected in the month of June, the Commerce Department revealed a report released on Friday. The Commerce Department said business inventories edged up by 0.2 percent in June, matching the uptick seen in May. Economists had expected inventories to inch up by 0.1 percent.

The dollar dropped to over a 1-week low of $1.1221 against the Euro Friday morning, but has since rebounded to around $1.1165.

Eurozone economic growth slowed as estimated in the second quarter, as France and Italy failed to expand, amid “Brexit” concerns. Gross domestic product rose 0.3 percent from the first quarter, when it climbed 0.6 percent, flash estimate published by Eurostat showed Friday. A similar slower growth was last seen in the third quarter of 2015.

Eurozone industrial production recovered at a stronger than expected pace in June, figures from Eurostat revealed Friday. Industrial output climbed 0.6 percent on a monthly basis in June, reversing a 1.2 percent fall in May and slightly bigger than the expected 0.5 percent increase.

Germany’s economic growth eased less than expected in the second quarter, underpinned by exports and domestic demand, suggesting that concerns about “Brexit” were less damaging.

Gross domestic product grew 0.4 percent quarter-over-quarter in the second quarter, data from Destatis showed Friday. This marked a slowdown from the 0.7 percent growth in the first quarter. Economists had forecast the pace of growth to ease to 0.2 percent.

Germany’s consumer prices increased for the third straight month in July as initially estimated, latest figures from Destatis showed Friday. The consumer price index rose 0.4 percent year-over-year in July, confirming the flash data, following a 0.3 percent climb in the previous month.

France’s non-farm payroll continued to grow in the second quarter amid sustained job creation in the services sector, the statistical office INSEE said Friday. Employment in the non-farm sectors grew 0.2 percent or by 24,100 jobs from the previous quarter. In the first quarter, 37,300 jobs were created.

The buck fell to a low of $1.3034 against the pound sterling Friday morning, but has since bounced back to a 1-month high of $1.2910.

U.K. construction output declined at a slower pace in June, the Office for National Statistics showed Friday. Construction output dropped 0.9 percent in June from May, when it decreased 2 percent. This was the smallest drop in four months. Economists had forecast a 1 percent fall for June.

The greenback slipped to a 1-week low of Y100.830 against the Japanese Yen this morning, but has since risen back to around Y101.090.

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