US dollar mixed amid job data

Image
IANS New York
Last Updated : Aug 07 2015 | 10:22 AM IST

The US dollar fluctuated against most major currencies as the job data came slightly below market consensus.

In the week ending August 1, the advance figure for seasonally adjusted initial jobless claims was 270,000, an increase of 3,000 from the previous week's unrevised level and slightly below market estimate, Xinhua quoted the US labour department as saying on Thursday.

The four-week moving average was 268,250, a decrease of 6,500 from the previous week's unrevised average of 274,750.

Investors will also keep a close eye on Friday's non-farm payrolls report for any further clues on the federal reserve's first rate hike in almost nine years.

In late New York trading, the euro gained to $1.0922 from $1.0898 of the previous session, and the British pound decreased to $1.5514 from $1.5599.

The dollar bought 124.71 Japanese yen, lower than 124.88 yen of the previous session.

The dollar moved up to 0.9810 Swiss francs from 0.9792 Swiss francs, and it moved down to 1.3120 Canadian dollars from 1.3191 Canadian dollars.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 07 2015 | 10:06 AM IST

Next Story