The U.S. dollar decreased against other major currencies on Thursday as investors were digesting the latest economic data from the country.
U.S. real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter, according to the "third" estimate released by the Commerce Department, but it was still the worst performance since the second quarter of last year.
Consumer spending was revised to show a 1.1 percent increase from a prior 0.6 percent reading, said the department.
In the week ending June 24, the advance figure for seasonally adjusted initial U.S. jobless claims was 244,000, an increase of 2,000 from the previous week's revised level, the Labor Department said on Thursday. The latest reading was above market consensus of 241,000.
The dollar index, which measures the greenback against six major peers, was down 0.43 percent at 95.594 in late trading.
In late New York trading, the euro rose to 1.1438 dollars from 1.1382 dollars, and the British pound climbed to 1.2996 dollars from 1.2936 U.S. dollars in the previous session. The Australian dollar added to 0.7675 U.S. dollar from 0.7638 U.S. dollar. The U.S. dollar bought 112.03 Japanese yen, lower than 112.32 yen of the previous session. The U.S. dollar fell to 0.9564 Swiss franc from 0.9596 Swiss franc, and it edged down to 1.3018 Canadian dollars from 1.3025 Canadian dollars.
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