The U.S. dollar traded mixed against other major currencies on Thursday as investors were digesting the latest economic data and the Federal Reserve minutes.
In the week ending Aug. 12, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 12,000 from the previous week's unrevised level of 244,000, the U.S. Labor Department said Thursday.
U.S. Federal Reserve reported industrial production rose 0.2 percent in July following an increase of 0.4 percent in June.
Minutes from Fed's July meeting released on Wednesday showed growing debate about when to raise interest rates.
"Some participants" who counseled patience expressed "concern about the recent decline in inflation" and said the Fed "could afford to be patient under current circumstances."
However, more hawkish members "worried about risks arising from a labor market that had already reached full employment and was projected to tighten further."
In late New York trading, the euro fell to 1.1744 U.S. dollars from 1.1775 U.S. dollars, and the British pound dropped to 1.2879 U.S. dollars from 1.2885 U.S. dollars. The Australian dollar decreased to 0.7907 U.S. dollar from 0.7917 U.S. dollar.
The U.S. dollar bought 109.69 Japanese yen, lower than 110.12 yen of the previous session. The U.S. dollar decreased to 0.9618 Swiss franc from 0.9661 Swiss franc, and it edged down to 1.2655 Canadian dollars from 1.2673 Canadian dollars.
In the week ending Aug. 12, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 12,000 from the previous week's unrevised level of 244,000, the U.S. Labor Department said Thursday.
U.S. Federal Reserve reported industrial production rose 0.2 percent in July following an increase of 0.4 percent in June.
Minutes from Fed's July meeting released on Wednesday showed growing debate about when to raise interest rates.
"Some participants" who counseled patience expressed "concern about the recent decline in inflation" and said the Fed "could afford to be patient under current circumstances."
However, more hawkish members "worried about risks arising from a labor market that had already reached full employment and was projected to tighten further."
In late New York trading, the euro fell to 1.1744 U.S. dollars from 1.1775 U.S. dollars, and the British pound dropped to 1.2879 U.S. dollars from 1.2885 U.S. dollars. The Australian dollar decreased to 0.7907 U.S. dollar from 0.7917 U.S. dollar.
The U.S. dollar bought 109.69 Japanese yen, lower than 110.12 yen of the previous session. The U.S. dollar decreased to 0.9618 Swiss franc from 0.9661 Swiss franc, and it edged down to 1.2655 Canadian dollars from 1.2673 Canadian dollars.
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