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U.S. dollar rises following economic data

NEW YORK
2021-11-05 04:32

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NEW YORK, Nov. 4 (Xinhua) -- The U.S. dollar jumped in late trading on Thursday as market participants digested the nation's weekly jobless claims numbers.

The dollar index, which measures the greenback against six major peers, increased 0.51 percent at 94.3520.

In late New York trading, the euro fell to 1.1553 U.S. dollars from 1.1609 dollars in the previous session, and the British pound fell to 1.3493 dollars from 1.3679 U.S. dollars in the previous session. The Australian dollar fell to 0.7399 U.S. dollar from 0.7445 dollar.

The U.S. dollar bought 113.73 Japanese yen, lower than 113.93 Japanese yen of the previous session. The U.S. dollar rose to 0.9127 Swiss franc from 0.9105 Swiss franc, and it increased to 1.2460 Canadian dollars from 1.2392 Canadian dollars.

On the data front, U.S. initial jobless claims, a rough way to measure layoffs, registered 269,000 in the week ending Oct. 30, a decrease of 14,000 from the prior week's revised level, the Department of Labor reported on Thursday. Economists polled by The Wall Street Journal had estimated new claims would total a seasonally adjusted 275,000.
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