NEW YORK, Dec. 8 (Xinhua) — The U.S. dollar weakened in late trade Thursday as market participants digested a flurry of economic data.
The dollar index, which measures the greenback against six major peers, fell 0.31 percent to 104.7760.
In late New York trading, the euro rose to US$1.0561 from US$1.0515 in the previous session, and the British pound rose to US$1.2242 from US$1.2215 in the previous session.
The US dollar bought 136.69 Japanese yen, higher than 136.32 Japanese yen from the previous session. The US dollar fell to 0.9364 Swiss francs from 0.9396 Swiss francs, and it was down to 1.3583 Canadian dollars from 1.3648 Canadian dollars. The US dollar was down to SEK 10.3313 from SEK 10.3599.
On the data front, the US Labor Department reported on Thursday that the country’s initial jobless claims, a rough measure of layoffs, rose by 4,000 to 230,000 in the week ended December 3.
Currency traders also awaited interest rate announcements from central central banks as the Federal Reserve, European Central Bank and Bank of England are all set to hold policy meetings next week.
Source: sn.dk