The US dollar edged down against most major currencies on investors' profit-taking.
In late New York trading on Thursday, the euro gained to $1.0966 from $1.0908 of the previous session, and the British pound increased to $1.4914 from $1.4872, Xinhua reported.
The Australian dollar went up to $0.7270 from $0.7241.
The dollar bought 120.32 Japanese yen, lower than 120.85 yen of the previous session.
The dollar moved down to 0.9863 Swiss francs from 0.9906 Swiss francs, and it moved down to 1.3830 Canadian dollars from 1.3862 Canadian dollars.
Analysts said the greenback slipped as traders took profits on bullish positions, which were underpinned by the Federal Reserve's decision to raise interest rate.
The greenback was under further pressure as the country's job data came out below expectation.
On the economic front, in the week ending December 19, the advance figure for seasonally adjusted initial claims was 267,000, a decreased of 5,000 from the previous week's revised level and slightly below the marker expectations, according to the US Labor Department on Thursday.
The dollar index, which measures the greenback against six major peers, was down 0.44 percent at 97.924 in late trading.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
