The U.S. dollar traded mixed against other major currencies on Thursday as investors digested a batch of economic reports.
In the week ending Sept. 16, the advance figure for seasonally adjusted initial claims was 259,000, a decrease of 23,000 from the previous week's revised level, the Labor Department said on Thursday.
The four-week moving average was 268,750, an increase of 6,000 from the previous week's revised average.
Meanwhile, manufacturing firms reported an improvement in regional manufacturing conditions in September, according to the Philadelphia Federal Reserve Business Outlook Survey on Thursday.
The index for current manufacturing activity in the region increased 5 points to a reading of 23.8 and has remained positive for 14 consecutive months.
The U.S. central bank was also in focus. The Fed on Wednesday kept interest rates unchanged, but announced that it would start to unwind its 4.5-trillion-U.S. dollar balance sheet from October, a further step to end the loose monetary policy.
"We're working down our balance sheet, because we feel that's stimulus that in some sense is no longer needed," said Fed chairwoman Janet Yellen at a press conference after the Fed concluded its two-day policy meeting Wednesday.
"The basic message here is U.S. economic performance has been good," she added.
The dollar index, which measures the greenback against six major peers, decreased 0.29 percent at 92.236 in late trading.
In late New York trading, the euro rose to 1.1931 dollars from 1.1895 dollars in the previous session, and the British pound gained to 1.3573 dollars from 1.3485 U.S. dollars in the previous session. The Australian dollar fell to 0.7930 dollar from 0.8016 dollar.
The U.S. dollar bought 112.55 Japanese yen, higher than 112.27 yen of the previous session. The U.S. dollar increased to 0.9717 Swiss franc from 0.9698 Swiss franc, and it moved down to 1.2347 Canadian dollars from 1.2357 Canadian dollars. Enditem
In the week ending Sept. 16, the advance figure for seasonally adjusted initial claims was 259,000, a decrease of 23,000 from the previous week's revised level, the Labor Department said on Thursday.
The four-week moving average was 268,750, an increase of 6,000 from the previous week's revised average.
Meanwhile, manufacturing firms reported an improvement in regional manufacturing conditions in September, according to the Philadelphia Federal Reserve Business Outlook Survey on Thursday.
The index for current manufacturing activity in the region increased 5 points to a reading of 23.8 and has remained positive for 14 consecutive months.
The U.S. central bank was also in focus. The Fed on Wednesday kept interest rates unchanged, but announced that it would start to unwind its 4.5-trillion-U.S. dollar balance sheet from October, a further step to end the loose monetary policy.
"We're working down our balance sheet, because we feel that's stimulus that in some sense is no longer needed," said Fed chairwoman Janet Yellen at a press conference after the Fed concluded its two-day policy meeting Wednesday.
"The basic message here is U.S. economic performance has been good," she added.
The dollar index, which measures the greenback against six major peers, decreased 0.29 percent at 92.236 in late trading.
In late New York trading, the euro rose to 1.1931 dollars from 1.1895 dollars in the previous session, and the British pound gained to 1.3573 dollars from 1.3485 U.S. dollars in the previous session. The Australian dollar fell to 0.7930 dollar from 0.8016 dollar.
The U.S. dollar bought 112.55 Japanese yen, higher than 112.27 yen of the previous session. The U.S. dollar increased to 0.9717 Swiss franc from 0.9698 Swiss franc, and it moved down to 1.2347 Canadian dollars from 1.2357 Canadian dollars. Enditem
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