Investing.com – The U.S. dollar was down against most of the other major currencies on Thursday, following the release of better-than-expected U.S. data on initial jobless claims.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.33% to hit 1.3976.
Earlier in the day, the European Central Bank left its interest rate unchanged at a record low of 1.0% for the seventeenth consecutive month.
The greenback was also down against the pound, with GBP/USD rising 0.49% to hit 1.5969 after the Bank of England left monetary policy unchanged in October, in a widely expected move.
Elsewhere, the dollar was down against the Swiss franc and the yen, with USD/CHF shedding 0.12% to hit 0.9605 and USD/JPY falling 0.70% to hit 82.34.
Earlier in the day, Japanese Economics Minister Banri Kaieda said he was watching foreign exchange markets closely after the yen rose to a 15-year high against the greenback.
Meanwhile, the greenback was down against its Australian and New Zealand counterparts but up against its Canadian counterpart, with AUD/USD jumping 1.14% to hit 0.9887 and NZD/USD up 0.64% to hit 0.7573, while USD/CAD gained 0.07% to hit 1.0116.
Also Thursday, official data showed that Canadian building permits fell significantly more-than-expected in August.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.42%.
Earlier Thursday, official data showed that U.S. initial jobless claims declined to a seasonally adjusted 445K last week, after falling to revised 456K in the preceding week. Analysts had expected jobless claims to decline to 455K last week.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.33% to hit 1.3976.
Earlier in the day, the European Central Bank left its interest rate unchanged at a record low of 1.0% for the seventeenth consecutive month.
The greenback was also down against the pound, with GBP/USD rising 0.49% to hit 1.5969 after the Bank of England left monetary policy unchanged in October, in a widely expected move.
Elsewhere, the dollar was down against the Swiss franc and the yen, with USD/CHF shedding 0.12% to hit 0.9605 and USD/JPY falling 0.70% to hit 82.34.
Earlier in the day, Japanese Economics Minister Banri Kaieda said he was watching foreign exchange markets closely after the yen rose to a 15-year high against the greenback.
Meanwhile, the greenback was down against its Australian and New Zealand counterparts but up against its Canadian counterpart, with AUD/USD jumping 1.14% to hit 0.9887 and NZD/USD up 0.64% to hit 0.7573, while USD/CAD gained 0.07% to hit 1.0116.
Also Thursday, official data showed that Canadian building permits fell significantly more-than-expected in August.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.42%.
Earlier Thursday, official data showed that U.S. initial jobless claims declined to a seasonally adjusted 445K last week, after falling to revised 456K in the preceding week. Analysts had expected jobless claims to decline to 455K last week.