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​U.S. dollar rises amid economic data

NEW YORK
2018-04-20 08:43

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The U.S. dollar index rose on Wednesday as investors digested latest economic data.

In the week ending April 14, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 1,000 from the previous week's unrevised level, the U.S. Labor Department reported Thursday.

The four-week moving average was 231,250, an increase of 1,250 from the previous week's unrevised average of 230,000.

Meanwhile, the Philadelphia Federal Reserve's business-conditions index edged up 1 point from the March reading to 23.2 in April, beating market estimates.
The dollar index, which measures the greenback against six major peers, increased 0.31 percent at 89.903 in late trading.

In late New York trading, the euro was down to 1.2338 dollars from 1.2378 dollars in the previous session, and the British pound was down to 1.4078 dollars from 1.4204 U.S. dollars in the previous session. The Australian dollar fell to 0.7723 dollar from 0.7784 dollar.

The U.S. dollar bought 107.40 Japanese yen, higher than 107.27 Japanese yen of the previous session. The U.S. dollar was up to 0.9721 Swiss franc from 0.9683 Swiss franc, and it increased to 1.2671 Canadian dollars from 1.2632 Canadian dollars.
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