Investing.com – The U.S. dollar was broadly higher against its major rivals on Thursday, consolidating the previous day’s gains after strong U.S. private sector employment data boosted the outlook for U.S. growth.
During European early afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.24% to hit 1.3119.
Earlier Thursday, official data showed that retail sales across the euro zone fell unexpectedly in November as weak consumer demand in countries like Spain and Ireland outweighed strength in France and elsewhere.
The greenback was also up against the pound with GBP/USD sliding 0.18% to hit 1.5484, following a report showing that the U.K. services sector contracted unexpectedly in December.
Elsewhere, the greenback was also up against the Swiss franc but was down against the yen, with USD/CHF rising 0.16% to hit 0.9673 and USD/JPY edging down 0.1% to hit 83.16.
Earlier in the day, official data showed that Swiss consumer price inflation was unexpectedly flat in December.
Meanwhile, the greenback was down against its Canadian and New Zealand counterparts but up against its Australian cousin, with USD/CAD shedding 0.29% to hit 0.9924, NZD/USD gaining 0.13% to hit 0.7585 and AUD/USD slipping 0.22% to hit 0.9974.
Earlier Thursday, official data showed that Australian home-building approvals fell in November, for the third time in four months.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.15%.
Later in the day, the U.S. was to publish official data on initial jobless claims.
During European early afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.24% to hit 1.3119.
Earlier Thursday, official data showed that retail sales across the euro zone fell unexpectedly in November as weak consumer demand in countries like Spain and Ireland outweighed strength in France and elsewhere.
The greenback was also up against the pound with GBP/USD sliding 0.18% to hit 1.5484, following a report showing that the U.K. services sector contracted unexpectedly in December.
Elsewhere, the greenback was also up against the Swiss franc but was down against the yen, with USD/CHF rising 0.16% to hit 0.9673 and USD/JPY edging down 0.1% to hit 83.16.
Earlier in the day, official data showed that Swiss consumer price inflation was unexpectedly flat in December.
Meanwhile, the greenback was down against its Canadian and New Zealand counterparts but up against its Australian cousin, with USD/CAD shedding 0.29% to hit 0.9924, NZD/USD gaining 0.13% to hit 0.7585 and AUD/USD slipping 0.22% to hit 0.9974.
Earlier Thursday, official data showed that Australian home-building approvals fell in November, for the third time in four months.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.15%.
Later in the day, the U.S. was to publish official data on initial jobless claims.