The U.S. dollar declined against most major currencies on Thursday despite positive economic data from the country.
U.S. personal income increased 64.7 billion U.S. dollars, or 0.4 percent, in January, above market consensus of a 0.3-percent gain, the Commerce Department said Thursday.
In January, disposable personal income increased 134.8 billion dollars, or 0.9 percent, while personal consumption expenditures increased 31.2 billion dollars, or 0.2 percent.
In the week ending Feb. 24, the advance figure for seasonally adjusted initial jobless claims was 210,000, the lowest since Dec. 6, 1969 when it was 202,000, the U.S. Labor Department announced Thursday.
The dollar index, which measures the greenback against six major peers, fell 0.37 percent at 90.310 in late trading.
In late New York trading, the euro was up to 1.2254 dollars from 1.2202 dollars in the previous session, and the British pound rose to 1.3770 dollars from 1.3769 U.S. dollars in the previous session. The Australian dollar fell to 0.7760 dollar from 0.7778 dollar.
The U.S. dollar bought 106.23 Japanese yen, lower than 106.72 Japanese yen of the previous session. The U.S. dollar decreased to 0.9420 Swiss franc from 0.9442 Swiss franc, and it was down to 1.2828 Canadian dollars from 1.2830 Canadian dollars.
U.S. personal income increased 64.7 billion U.S. dollars, or 0.4 percent, in January, above market consensus of a 0.3-percent gain, the Commerce Department said Thursday.
In January, disposable personal income increased 134.8 billion dollars, or 0.9 percent, while personal consumption expenditures increased 31.2 billion dollars, or 0.2 percent.
In the week ending Feb. 24, the advance figure for seasonally adjusted initial jobless claims was 210,000, the lowest since Dec. 6, 1969 when it was 202,000, the U.S. Labor Department announced Thursday.
The dollar index, which measures the greenback against six major peers, fell 0.37 percent at 90.310 in late trading.
In late New York trading, the euro was up to 1.2254 dollars from 1.2202 dollars in the previous session, and the British pound rose to 1.3770 dollars from 1.3769 U.S. dollars in the previous session. The Australian dollar fell to 0.7760 dollar from 0.7778 dollar.
The U.S. dollar bought 106.23 Japanese yen, lower than 106.72 Japanese yen of the previous session. The U.S. dollar decreased to 0.9420 Swiss franc from 0.9442 Swiss franc, and it was down to 1.2828 Canadian dollars from 1.2830 Canadian dollars.
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