The dollar pulled back briefly against the euro on Friday after data showed consumer prices rose only modestly in March, boosting the view the U.S. Federal Reserve has room to provide more support for the economy if needed.

The dollar's dip was brief, and the euro last traded at $1.3138, down 0.4 percent on the day, according to Reuters data. It traded around $1.3144 prior to the release of the report.