The U.S. dollar rose against most major currencies on Friday as investors were sifting through the positive data from the country and the European Central Bank (ECB)'s decision to extend its asset purchasing program until the end of next year.

The preliminary reading of the consumer sentiment for December rose to 98.0 from 93.8 in November, said the Thomson Reuters/University of Michigan index of consumer sentiment on Friday. The latest reading was higher than market consensus of 94.1.

The ECB said on Thursday that it will extend its quantitative easing program until December 2017, but will reduce purchases to 60 billion euros (64 billion U.S. dollars) per month. Current asset purchases of 80 billion euros (85 billion dollars) per month were due to end in March 2017 before the decision.

The euro slumped 1.31 percent against the greenback after ECB's announcement in late trading on Thursday. The shared currencies extended further 0.62 percent-loss on Friday.

The dollar index, which tracks the greenback against six major peers, was up 0.53 percent at 101.640 in late trading.

In late New York trading, the euro fell to 1.0547 dollars from 1.0611 dollars, and the British pound slipped to 1.2558 dollars from 1.2573 dollars. The Australian dollar decreased to 0.7446 dollars from 0.7458 dollars.

The dollar bought 115.24 Japanese yen, higher than 114.10 yen in the previous session. The dollar inched up to 1.0187 Swiss francs from 1.0169 Swiss francs, and it fell to 1.3175 Canadian dollars from 1.3190 Canadian dollars.