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U.S. dollar weakens as risk appetite diminishes

NEW YORK
2019-11-15 05:15

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NEW YORK, Nov. 14 (Xinhua) -- The U.S. dollar lost strength on Thursday against traditional safe-haven currencies like Japanese yen and Swiss franc as investors' risk appetite eased amid lackluster data.

The dollar index, which measures the greenback against six major peers, fell 0.22 percent at 98.1661 in late trading.

In late New York trading, the euro rose to 1.1022 dollars from 1.0999 dollars in the previous session, and the British pound rose to 1.2876 dollars from 1.2837 U.S. dollars in the previous session. The Australian dollar was down to 0.6784 dollar from 0.6830 dollar.

The U.S. dollar bought 108.39 Japanese yen, lower than 108.77 Japanese yen of the previous session. The U.S. dollar was down to 0.9880 Swiss franc from 0.9893 Swiss franc, and it rose to 1.3256 Canadian dollars from 1.3254 Canadian dollars.

On data front, in the week ending Nov. 9, U.S. initial jobless claims, a rough way to measure layoffs, came in at 225,000, an increase of 14,000 from the previous week's unrevised level, the Department of Labor reported on Thursday. Economists polled by MarketWatch estimated new claims would total 215,000.
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