Investing.com – The U.S. dollar was mixed against its major counterparts on Thursday, ahead of the release of a flurry of U.S. economic data later in the day as strong Chinese data continued to weigh on sentiment.
During European early afternoon trade, the greenback was down against the euro, with EUR/USD rising 0.14% to hit 1.3492.
Earlier in the day, official data showed that China's gross domestic product expanded 9.8% in the fourth quarter from a year earlier, faster than the third quarter's 9.6% increase.
The data suggested that growth in the world’s second largest economy remained strong despite recent tightening measures.
But the greenback was slightly higher against sterling with GBP/USD dipping 0.06% to hit 1.5986.
Elsewhere, the greenback was up against the yen but slightly lower against the Swiss franc, with USD/JPY climbing 0.26% to hit 82.22 and USD/CHF slipping 0.02% to hit 0.9544.
Meanwhile, the greenback was up against its Canadian, Australian and New Zealand counterparts, with USD/CAD rising 0.33% to hit 0.999, AUD/USD dropping 0.67% to hit 0.9942 and NZD/USD tumbling 0.76% to hit 0.7628.
Earlier Thursday, Statistics New Zealand said the consumer price index rose in line with expectations in the fourth quarter, rising 2.3%.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.06%.
Later in the day, the U.S. was to publish a weekly report on jobless claims, as well as official data on existing home sales and a report on manufacturing activity in Philadelphia.
During European early afternoon trade, the greenback was down against the euro, with EUR/USD rising 0.14% to hit 1.3492.
Earlier in the day, official data showed that China's gross domestic product expanded 9.8% in the fourth quarter from a year earlier, faster than the third quarter's 9.6% increase.
The data suggested that growth in the world’s second largest economy remained strong despite recent tightening measures.
But the greenback was slightly higher against sterling with GBP/USD dipping 0.06% to hit 1.5986.
Elsewhere, the greenback was up against the yen but slightly lower against the Swiss franc, with USD/JPY climbing 0.26% to hit 82.22 and USD/CHF slipping 0.02% to hit 0.9544.
Meanwhile, the greenback was up against its Canadian, Australian and New Zealand counterparts, with USD/CAD rising 0.33% to hit 0.999, AUD/USD dropping 0.67% to hit 0.9942 and NZD/USD tumbling 0.76% to hit 0.7628.
Earlier Thursday, Statistics New Zealand said the consumer price index rose in line with expectations in the fourth quarter, rising 2.3%.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.06%.
Later in the day, the U.S. was to publish a weekly report on jobless claims, as well as official data on existing home sales and a report on manufacturing activity in Philadelphia.