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U.S. dollar rises amid data

Xinhua News,NEW YORK
2020-02-21 06:41

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NEW YORK, Feb. 20 (Xinhua) -- The U.S. dollar rose in late trading on Thursday as investors digested the latest economic data.

U.S. initial jobless claims, a rough way to measure layoffs, registered 210,000 for the week ending Feb. 15, an increase of 4,000 from the previous week's revised level, the Department of Labor reported Thursday. The previous week's level was revised up by 1,000 from 205,000 to 206,000.

The Leading Economic Index for the United States increased 0.8 percent in January to 112.1, following a 0.3 percent decline in December and a 0.1 percent increase in November, said New York-based The Conference Board.

The dollar index, which measures the greenback against six major peers, increased 0.16 percent at 99.8641 in late trading.

In late New York trading, the euro decreased to 1.0789 dollars from 1.0796 dollars in the previous session, and the British pound was down to 1.2880 dollars from 1.2918 U.S. dollars in the previous session. The Australian dollar decreased to 0.6614 dollar from 0.6673 dollar.

The U.S. dollar bought 112.04 Japanese yen, higher than 111.57 Japanese yen of the previous session. The U.S. dollar decreased to 0.9840 Swiss franc from 0.9843 Swiss franc, and it was up to 1.3262 Canadian dollars from 1.3226 Canadian dollars.
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