Investing.com - The U.S. dollar was mixed against the other major currencies on Thursday, as investors remained cautious ahead of the Spanish budget announcement later in the session.
During European morning trade, the dollar was higher against the euro, with EUR/USD down 0.18% to 1.2850.
Spain’s government was due to unveil its draft budget statement for 2013, amid ongoing speculation over whether Madrid will seek a full-scale sovereign bailout.
Meanwhile, Italy saw borrowing costs ease at an auction of five- and ten-year government bonds earlier, with the yield on 10-year bonds falling to 5.24% from 5.82% at a similar auction last month.
Elsewhere, official data showed that the number of unemployed people in Germany rose by 9,000 in September, broadly in line with market expectations, while the country’s jobless rate held steady at 6.8%.
The greenback was lower against the pound, with GBP/USD up 0.30% to 1.6215.
In the U.K., the Office for National Statistics said gross domestic product contracted by 0.4% in the three months to June, up from the preliminary estimate of a 0.5% decline.
The annualized rate of decline remained unrevised 0.5%, in line with expectations.
Elsewhere, the greenback was little changed against the yen and the Swiss franc, with USD/JPY dipping 0.06% to 77.69 and USD/CHF edging up 0.11% to 0.9401.
The greenback was broadly lower against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.28% to trade at 0.9826, AUD/USD rising 0.30% to 1.0401 and NZD/USD up 0.45% to 0.8278.
The growth linked dollars were boosted following reports that China's central bank injected a record USD57.9 billion into the country's banking system this week, after a sharp rise in demand for cash from banks.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, edged up 0.01% to 79.97.
Later in the day, the U.S. was to publish its weekly report on initial jobless claims as well as data on pending home sales and durable goods orders.
During European morning trade, the dollar was higher against the euro, with EUR/USD down 0.18% to 1.2850.
Spain’s government was due to unveil its draft budget statement for 2013, amid ongoing speculation over whether Madrid will seek a full-scale sovereign bailout.
Meanwhile, Italy saw borrowing costs ease at an auction of five- and ten-year government bonds earlier, with the yield on 10-year bonds falling to 5.24% from 5.82% at a similar auction last month.
Elsewhere, official data showed that the number of unemployed people in Germany rose by 9,000 in September, broadly in line with market expectations, while the country’s jobless rate held steady at 6.8%.
The greenback was lower against the pound, with GBP/USD up 0.30% to 1.6215.
In the U.K., the Office for National Statistics said gross domestic product contracted by 0.4% in the three months to June, up from the preliminary estimate of a 0.5% decline.
The annualized rate of decline remained unrevised 0.5%, in line with expectations.
Elsewhere, the greenback was little changed against the yen and the Swiss franc, with USD/JPY dipping 0.06% to 77.69 and USD/CHF edging up 0.11% to 0.9401.
The greenback was broadly lower against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.28% to trade at 0.9826, AUD/USD rising 0.30% to 1.0401 and NZD/USD up 0.45% to 0.8278.
The growth linked dollars were boosted following reports that China's central bank injected a record USD57.9 billion into the country's banking system this week, after a sharp rise in demand for cash from banks.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, edged up 0.01% to 79.97.
Later in the day, the U.S. was to publish its weekly report on initial jobless claims as well as data on pending home sales and durable goods orders.