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US dollar slips amid economic data

10 Feb 2023, 2:58 AM
US dollar slips amid economic data

NEW YORK, Feb 10 — The US dollar weakened in late trading on Thursday after data showed a rise in US jobless claims last week, Xinhua reported.

The dollar index, which measures the greenback against six major peers, decreased 0.18 per cent to 103.2330.

In late New York trading, the euro was up to US$1.0736 from US$1.0723 in the previous session, and the British pound increased to US$1.2117 from US$1.2069 in the previous session.

The US dollar bought 131.57 Japanese yen, higher than 131.37 Japanese yen of the previous session.

The US dollar rose to 0.9224 Swiss francs from 0.9202 Swiss francs, and it climbed to 1.3452 Canadian dollars from 1.3439 Canadian dollars. The US dollar fell to 10.3550 Swedish Kronor from 10.5932 Swedish Kronor.

The number of Americans filing new claims for unemployment benefits rose by 13,000 to 196,000 for the week ending February 4, the US Labor Department reported on Thursday. The median forecast in a Bloomberg survey of economists called for 190,000 applications.

— Bernama

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