Investing.com – The U.S. dollar was down against all of its major rivals on Thursday, after official U.S. data showed an unexpected increase in U.S jobless claims last week, and a separate report said producer price inflation rose less-than-expected in March.
During early U.S. trade, the greenback was down against the euro, with EUR/USD gaining 0.21% to hit 1.4473.
Earlier in the day, the cost of insuring Greek government debt against default surged to a euro era-lifetime high after German Finance Minister Wolfgang Schaeuble said Greece may have to restructure its debt, following an audit in June.
The greenback was also lower against the pound, with GBP/USD rising 0.62% to hit 1.6370.
Earlier in the day, Nationwide Building Society said its U.K. consumer confidence index rebounded in March.
Elsewhere, the greenback was down against the yen and the Swiss franc with USD/JPY tumbling 0.77% to hit 83.19 and USD/CHF shedding 0.49% to hit 0.8918.
Earlier Thursday, the ZEW Center for European Economic Research said Swiss investor confidence rebounded to the highest in eight months in April.
Meanwhile, the greenback was lower against its Canadian, Australian and New Zealand cousins, with USD/CAD dipping 0.06% to hit 0.9615, AUD/USD rising 0.16% to hit 1.0524 and NZD/USD climbing 0.38% to hit 0.7924.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.32%.
The Department of Labor said earlier that initial claims for state unemployment benefits rose 27,000 to a seasonally adjusted 412,000. Analysts had expected jobless claims to slip to 380,000.
A separate report showed that producer price inflation rose 0.7% in March, disappointing expectations for a 1.0% increase, while core inflation, which excludes volatile food and energy costs, rose 0.3%, only slightly more than the expected 0.2% gain.
During early U.S. trade, the greenback was down against the euro, with EUR/USD gaining 0.21% to hit 1.4473.
Earlier in the day, the cost of insuring Greek government debt against default surged to a euro era-lifetime high after German Finance Minister Wolfgang Schaeuble said Greece may have to restructure its debt, following an audit in June.
The greenback was also lower against the pound, with GBP/USD rising 0.62% to hit 1.6370.
Earlier in the day, Nationwide Building Society said its U.K. consumer confidence index rebounded in March.
Elsewhere, the greenback was down against the yen and the Swiss franc with USD/JPY tumbling 0.77% to hit 83.19 and USD/CHF shedding 0.49% to hit 0.8918.
Earlier Thursday, the ZEW Center for European Economic Research said Swiss investor confidence rebounded to the highest in eight months in April.
Meanwhile, the greenback was lower against its Canadian, Australian and New Zealand cousins, with USD/CAD dipping 0.06% to hit 0.9615, AUD/USD rising 0.16% to hit 1.0524 and NZD/USD climbing 0.38% to hit 0.7924.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.32%.
The Department of Labor said earlier that initial claims for state unemployment benefits rose 27,000 to a seasonally adjusted 412,000. Analysts had expected jobless claims to slip to 380,000.
A separate report showed that producer price inflation rose 0.7% in March, disappointing expectations for a 1.0% increase, while core inflation, which excludes volatile food and energy costs, rose 0.3%, only slightly more than the expected 0.2% gain.