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U.S. dollar gains modestly amid economic data

2019-09-27 06:12

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NEW YORK, Sept. 26 (Xinhua) -- The U.S. dollar climbed slightly against its major rivals in late trading on Thursday as market participants digested a slew of economic data.

In the week ending Sept. 21, U.S. initial jobless claims, a rough way to measure layoffs, stood at 213,000, an increase of 3,000 from the previous week's revised level, the Department of Labor reported Thursday.

Economists polled by MarketWatch estimated new claims would total a seasonally adjusted 211,000.

Meanwhile, U.S. real gross domestic product (GDP) rose at an annual rate of 2 percent in the second quarter, according to the third estimate released by the Bureau of Economic Analysis.

The dollar index, which measures the greenback against six major peers, was up 0.11 percent at 99.1363 in late trading.

In late New York trading, the euro was down to 1.0928 U.S. dollars from 1.0943 dollars in the previous session, and the British pound decreased to 1.2330 dollars from 1.2349 dollars in the previous session. The Australian dollar decreased to 0.6753 dollar from 0.6754 dollar.

The U.S. dollar bought 107.80 Japanese yen, higher than 107.79 Japanese yen of the previous session. The U.S. dollar rose to 0.9930 Swiss franc from 0.9922 Swiss franc, and it was up to 1.3262 Canadian dollars from 1.3256 Canadian dollars.
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