Investing.com – The U.S. dollar was up against most of the other major currencies on Thursday, after the release of a raft of upbeat U.S. economic data.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.49% to hit 1.3075.
Earlier in the day, official data showed that U.S. initial jobless claims fell unexpectedly last week, while producer price inflation rose more-than-expected in August.
The greenback was also down against the yen, with USD/JPY shedding 0.10% to hit 85.65.
Earlier Thursday, the Governor of the Bank of Japan signaled that authorities would continue to intervene in currency markets “when necessary”.
But the greenback was up against the pound, with GBP/USD shedding 0.20% to hit 1.5592.
Earlier in the day, official data showed that retail sales in the U.K. fell more-than-expected in August, while U.K. consumer inflation expectations rose to their highest level in 2 years in August.
The greenback was also up against the Swiss franc, with USD/CHF soaring 1.26% to hit 1.0158.
Meanwhile, the greenback was up against its Australian, New Zealand and Canadian counterparts, with AUD/USD shedding 0.20% to hit 0.9363, NZD/USD tumbling 1.04% to hit 0.7239 and USD/CAD gaining 0.16% to hit 1.0278.
Earlier in the day, the Reserve Bank of New Zealand left its benchmark interest rate unchanged, in line with expectations.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.20%.
Also Thursday, official data showed that net foreign investment in the U.S. rose unexpectedly in July.
During European afternoon trade, the greenback was down against the euro, with EUR/USD gaining 0.49% to hit 1.3075.
Earlier in the day, official data showed that U.S. initial jobless claims fell unexpectedly last week, while producer price inflation rose more-than-expected in August.
The greenback was also down against the yen, with USD/JPY shedding 0.10% to hit 85.65.
Earlier Thursday, the Governor of the Bank of Japan signaled that authorities would continue to intervene in currency markets “when necessary”.
But the greenback was up against the pound, with GBP/USD shedding 0.20% to hit 1.5592.
Earlier in the day, official data showed that retail sales in the U.K. fell more-than-expected in August, while U.K. consumer inflation expectations rose to their highest level in 2 years in August.
The greenback was also up against the Swiss franc, with USD/CHF soaring 1.26% to hit 1.0158.
Meanwhile, the greenback was up against its Australian, New Zealand and Canadian counterparts, with AUD/USD shedding 0.20% to hit 0.9363, NZD/USD tumbling 1.04% to hit 0.7239 and USD/CAD gaining 0.16% to hit 1.0278.
Earlier in the day, the Reserve Bank of New Zealand left its benchmark interest rate unchanged, in line with expectations.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.20%.
Also Thursday, official data showed that net foreign investment in the U.S. rose unexpectedly in July.