Wed, 29 Sep 2021

U.S. dollar edges down amid jobless claims report

06 Aug 2021, 06:44 GMT+10

NEW YORK, Aug. 5 (Xinhua) -- The U.S. dollar inched lower in late trading on Thursday as market participants digested the nation's jobless claims numbers.

The dollar index, which measures the greenback against six major peers, decreased 0.02 percent at 92.2534.

In late New York trading, the euro fell to 1.1835 U.S. dollars from 1.1838 dollars in the previous session, and the British pound increased to 1.3932 dollars from 1.3887 U.S. dollars in the previous session. The Australian dollar was up to 0.7404 U.S. dollar from 0.7382 dollar.

The U.S. dollar bought 109.75 Japanese yen, higher than 109.46 Japanese yen of the previous session. The U.S. dollar was down to 0.9061 Swiss franc from 0.9063 Swiss franc, and it decreased to 1.2494 Canadian dollars from 1.2551 Canadian dollars.

On the data front, U.S. initial jobless claims, a rough way to measure layoffs, registered 385,000 in the week ending July 31, a decrease of 14,000 from the prior week's revised level, the Department of Labor reported on Thursday. The reading was roughly in line with market estimates.

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