Investing.com – The U.S. dollar was mixed against other major currencies on Thursday, as investors awaited the release of key reports on the U.S. labor market and manufacturing sector.
The greenback was up against the euro, with EUR/USD shedding 0.15% to hit 1.3491 in the wake of disappointing data on German retail sales.
The dollar also rose against the yen, with USD/JPY climbing 0.22% to reach 93.67 after official data showed that Japanese manufacturers' business confidence rose for a fourth consecutive quarter, as expected.
Meanwhile, the greenback was up against its New Zealand counterpart and the Swiss franc, with USD/CHF gaining 0.16% to hit 1.0555 and NZD/USD dropping 0.67% to reach 0.7058. The greenback's advance against the kiwi came after the International Monetary Fund said New Zealand's currency was overvalued by 10-25%.
But the U.S. dollar slipped against sterling and its Australian and Canadian counterparts: GBP/USD gained 0.23% to hit 1.5218, AUD/USD advanced 0.02% to hit 0.9174 and USD/CAD slid 0.37% to hit 1.0114.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.06%.
Later Thursday, the United States was set to publish an important weekly report on unemployment claims, and an industry group was due to publish a manufacturing purchasing managers' index for the country.
The greenback was up against the euro, with EUR/USD shedding 0.15% to hit 1.3491 in the wake of disappointing data on German retail sales.
The dollar also rose against the yen, with USD/JPY climbing 0.22% to reach 93.67 after official data showed that Japanese manufacturers' business confidence rose for a fourth consecutive quarter, as expected.
Meanwhile, the greenback was up against its New Zealand counterpart and the Swiss franc, with USD/CHF gaining 0.16% to hit 1.0555 and NZD/USD dropping 0.67% to reach 0.7058. The greenback's advance against the kiwi came after the International Monetary Fund said New Zealand's currency was overvalued by 10-25%.
But the U.S. dollar slipped against sterling and its Australian and Canadian counterparts: GBP/USD gained 0.23% to hit 1.5218, AUD/USD advanced 0.02% to hit 0.9174 and USD/CAD slid 0.37% to hit 1.0114.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.06%.
Later Thursday, the United States was set to publish an important weekly report on unemployment claims, and an industry group was due to publish a manufacturing purchasing managers' index for the country.