Investing.com – The U.S. dollar was down all of its major counterparts on Thursday, amid uncertainty ahead of a U.S. vote on a revised debt plan, aimed at breaking the impasse on raising the U.S. debt ceiling.
During European morning trade, the greenback was lower against the euro, with EUR/USD easing up 0.09% to hit 1.4382.
The euro’s gains were limited after Standard & Poor’s cut Greece’s credit rating to CC, two notches above default, saying the country will partially default on its debt once the second bailout package was implemented.
The greenback also slipped against the pound, with GBP/USD rising 0.10% to hit 1.6348.
Elsewhere, the greenback was trading close to a four-month trough against the yen and a record low against the Swiss franc, with USD/JPY shedding 0.38% to hit 77.67 and USD/CHF dipping 0.03% to hit 0.8011.
Japan’s Finance Minister Yoshihiko Noda repeated his warning against pushing the yen too high earlier Thursday, saying that he was continuing to watch markets closely.
In addition, the greenback was weaker against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.29% to hit 0.9469, AUD/USD rising 0.40% to hit 1.1064 and NZD/USD climbing 0.50% to hit 0.8742.
Earlier in the day, the Reserve Bank of New Zealand left its benchmark interest rate unchanged at 2.5% in a widely expected decision, but flagged an imminent rate increase.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.22%.
Also Thursday, the U.S. was to release government data on unemployment claims and pending home sales.
During European morning trade, the greenback was lower against the euro, with EUR/USD easing up 0.09% to hit 1.4382.
The euro’s gains were limited after Standard & Poor’s cut Greece’s credit rating to CC, two notches above default, saying the country will partially default on its debt once the second bailout package was implemented.
The greenback also slipped against the pound, with GBP/USD rising 0.10% to hit 1.6348.
Elsewhere, the greenback was trading close to a four-month trough against the yen and a record low against the Swiss franc, with USD/JPY shedding 0.38% to hit 77.67 and USD/CHF dipping 0.03% to hit 0.8011.
Japan’s Finance Minister Yoshihiko Noda repeated his warning against pushing the yen too high earlier Thursday, saying that he was continuing to watch markets closely.
In addition, the greenback was weaker against its Canadian, Australian and New Zealand counterparts, with USD/CAD shedding 0.29% to hit 0.9469, AUD/USD rising 0.40% to hit 1.1064 and NZD/USD climbing 0.50% to hit 0.8742.
Earlier in the day, the Reserve Bank of New Zealand left its benchmark interest rate unchanged at 2.5% in a widely expected decision, but flagged an imminent rate increase.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.22%.
Also Thursday, the U.S. was to release government data on unemployment claims and pending home sales.