The dollar steadied against major currencies on Thursday as markets looked for more clues on the U.S. economy from first quarter growth data later in the session. The yen, meanwhile, hovered close to a recent 2-1/2 month high against the euro after the Bank of Japan forecast the end of deflation in a year's time. The U.S. economy is expected to have slowed down slightly from the previous three months, although remaining above its assumed long-run growth potential. Worries about the U.S. economy knocked the dollar to one-month lows against the euro last week, but more upbeat data has helped the dollar to recover in recent days. "The dollar is looking a little bit vulnerable ahead of the GDP data after yesterday's durable goods data," said Chris Gothard, currency analyst at Brown Brothers Harriman. "For the yen, people are pleased there are no rash moves from the BoJ at the moment." The dollar was little changed from Wednesday's closing levels at $1.2921 per euro and at 105.80 yen at 5:38 a.m. EDT. The yen rose as high as 136.70 per euro and a break of 136.69 would bring it to its highest level since the middle of February.