Investing.com - The dollar remained mixed against the other major currencies on Thursday, after the release of strong U.S. economic growth and jobless claims data, as investors eyed Friday's highly anticipated U.S. employment report.
During European afternoon trade, USD/JPY slid 0.31% to 102.02.
The U.S. Commerce Department said gross domestic product increased at a seasonally adjusted annual rate of 3.6% in the three months to September, above expectations for growth of 3.0% and up from a preliminary estimate of 2.8%.
Separately, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits last week fell by 23,000 to a seasonally adjusted 298,000, from 321,000 in the previous week whose figure was revised up from 316,000.
Analysts had expected initial jobless claims to rise to 325,000 last week.
Elsewhere, EUR/USD was up 0.31% to 1.3636.
European Central President Bank Mario Draghi said that the bank's policy stance was to remain accomodative for as long as necessary and that key interest rates are likely to remain at current or lower levels for an extended period of time.
Speaking after the ECB's monthly policy meeting, Mr. Draghi added that the euro zone could experience a prolonged period of low inflation before the rate moves upwards close to the 2% target.
The single currency gained ground after the ECB president also said the bank held 2013 growth expectations at -0.4% and raised the 2014 forecast to 1.1% expansion from 1%.
The pound edged lower against the dollar, with GBP/USD down 0.21% to 1.6349.
Earlier in the day, the Bank of England's monetary policy committee voted to leave rates on hold at 0.5% and made no changes to the GBP375 billion quantitative easing stimulus package.
The announcement came after U.K. Chancellor of the Exchequer George Oborne said, in his Autumn Forecast Statement, that "Britain's economic plan is working", and he raised growth forecasts to 1.4% this year and 2.4% in 2014.
The dollar was lower against the Swiss franc, with USD/CHF shedding 0.32% to 0.8995.
The greenback was broadly higher against the Australian, New Zealand and Canadian dollars, with AUD/USD edging down 0.09% to 0.9021, NZD/USD slipping 0.26% to 0.8175 and USD/CAD inching 0.02% higher to 1.0686.
In Canada, official data showed that building permits rose 7.4% in October, exceeding expectations for a 1% increase, after an upwardly revised 4.1% rise the previous month.
The Aussie came under pressure earlier, after official data showed that Australia's trade deficit widened to AUD0.53 billion in October, from AUD0.27 billion the previous month. Analysts had expected the trade deficit to widen to AUD0.38 billion.
The U.S. dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.27% to 80.41.
During European afternoon trade, USD/JPY slid 0.31% to 102.02.
The U.S. Commerce Department said gross domestic product increased at a seasonally adjusted annual rate of 3.6% in the three months to September, above expectations for growth of 3.0% and up from a preliminary estimate of 2.8%.
Separately, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits last week fell by 23,000 to a seasonally adjusted 298,000, from 321,000 in the previous week whose figure was revised up from 316,000.
Analysts had expected initial jobless claims to rise to 325,000 last week.
Elsewhere, EUR/USD was up 0.31% to 1.3636.
European Central President Bank Mario Draghi said that the bank's policy stance was to remain accomodative for as long as necessary and that key interest rates are likely to remain at current or lower levels for an extended period of time.
Speaking after the ECB's monthly policy meeting, Mr. Draghi added that the euro zone could experience a prolonged period of low inflation before the rate moves upwards close to the 2% target.
The single currency gained ground after the ECB president also said the bank held 2013 growth expectations at -0.4% and raised the 2014 forecast to 1.1% expansion from 1%.
The pound edged lower against the dollar, with GBP/USD down 0.21% to 1.6349.
Earlier in the day, the Bank of England's monetary policy committee voted to leave rates on hold at 0.5% and made no changes to the GBP375 billion quantitative easing stimulus package.
The announcement came after U.K. Chancellor of the Exchequer George Oborne said, in his Autumn Forecast Statement, that "Britain's economic plan is working", and he raised growth forecasts to 1.4% this year and 2.4% in 2014.
The dollar was lower against the Swiss franc, with USD/CHF shedding 0.32% to 0.8995.
The greenback was broadly higher against the Australian, New Zealand and Canadian dollars, with AUD/USD edging down 0.09% to 0.9021, NZD/USD slipping 0.26% to 0.8175 and USD/CAD inching 0.02% higher to 1.0686.
In Canada, official data showed that building permits rose 7.4% in October, exceeding expectations for a 1% increase, after an upwardly revised 4.1% rise the previous month.
The Aussie came under pressure earlier, after official data showed that Australia's trade deficit widened to AUD0.53 billion in October, from AUD0.27 billion the previous month. Analysts had expected the trade deficit to widen to AUD0.38 billion.
The U.S. dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.27% to 80.41.