Investing.com – The U.S. dollar was mixed against its major counterparts in choppy trade on Thursday, as the euro retreated ahead of a key euro zone summit meeting to discuss Greece’s debt crisis later in the day.
During European afternoon trade, the greenback was up against the euro, with EUR/USD sliding 0.17% to hit 1.4190.
The single currency weakened broadly after Eurogroup President Jean-Claude Juncker said a selective default for Greece could not be excluded.
But the greenback was lower against the pound, with GBP/USD rising 0.14% to hit 1.6174.
Official data showed earlier that retail sales in the U.K. rose slightly more-than-expected in June.
Meanwhile, the greenback edged higher against the yen and the Swiss franc, with USD/JPY inching up 0.08% to hit 78.84 and USD/CHF rising 0.22% to hit 0.8216.
A report earlier showed that economic sentiment in Switzerland dropped significantly in July, dropping to the lowest level since January 2009, as concerns over the record strength of the franc and the ongoing sovereign debt crisis in the euro zone weighed.
Elsewhere, the greenback was lower against its Canadian and New Zealand counterparts but eased up against its Australian cousin, with USD/CAD dipping 0.05% to hit 0.9469, NZD/USD rising 0.19% to hit 0.8579 and AUD/USD slipping 0.19% to hit 1.0730.
Earlier in the day, a report showed that manufacturing activity in China slumped to a 28-month low in July, sparking concerns over a slowdown in demand for Australian commodities.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.01%.
Also Thursday, the U.S. was to release a weekly government report on initial jobless claims, as well as a report on manufacturing activity.
During European afternoon trade, the greenback was up against the euro, with EUR/USD sliding 0.17% to hit 1.4190.
The single currency weakened broadly after Eurogroup President Jean-Claude Juncker said a selective default for Greece could not be excluded.
But the greenback was lower against the pound, with GBP/USD rising 0.14% to hit 1.6174.
Official data showed earlier that retail sales in the U.K. rose slightly more-than-expected in June.
Meanwhile, the greenback edged higher against the yen and the Swiss franc, with USD/JPY inching up 0.08% to hit 78.84 and USD/CHF rising 0.22% to hit 0.8216.
A report earlier showed that economic sentiment in Switzerland dropped significantly in July, dropping to the lowest level since January 2009, as concerns over the record strength of the franc and the ongoing sovereign debt crisis in the euro zone weighed.
Elsewhere, the greenback was lower against its Canadian and New Zealand counterparts but eased up against its Australian cousin, with USD/CAD dipping 0.05% to hit 0.9469, NZD/USD rising 0.19% to hit 0.8579 and AUD/USD slipping 0.19% to hit 1.0730.
Earlier in the day, a report showed that manufacturing activity in China slumped to a 28-month low in July, sparking concerns over a slowdown in demand for Australian commodities.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.01%.
Also Thursday, the U.S. was to release a weekly government report on initial jobless claims, as well as a report on manufacturing activity.