US dollar falls after jobless claims data

US dollar falls after jobless claims data

NEW YORK, March 9 (Xinhua) — The U.S. dollar fell in late trade Thursday after data showed a rise in U.S. jobless claims last week.

The dollar index, which measures the greenback against six major peers, fell 0.34 percent to 105.3021.

In late New York trading, the euro was up at US$1.0577 from US$1.0546 in the previous session, and the British pound rose to US$1.1911 from US$1.1841 in the previous session.

The US dollar bought 136.16 Japanese yen, down from 137.21 Japanese yen from the previous session. The US dollar was down to 0.9358 Swiss francs from 0.9411 Swiss francs and it rose to 1.3823 Canadian dollars from 1.3799 Canadian dollars. The US dollar increased to SEK 10.7310 from SEK 10.7174.

The US Labor Department reported on Thursday that the number of Americans filing for unemployment benefits rose by 21,000 to 211,000 for the week ended March 4. It was the first time in eight weeks that claims topped 200,000. Economists polled by The Wall Street Journal had forecast new claims totaling 195,000.

The more closely watched February report on the employment situation in the US is expected to be released on Friday.






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