Wed, 08 Dec 2021

U.S. dollar increases amid economic data

22 Oct 2021, 05:55 GMT+10

NEW YORK, Oct. 21 (Xinhua) -- The U.S. dollar climbed in late trading on Thursday as market participants digested the nation's jobless claims numbers.

The dollar index, which measures the greenback against six major peers, rose 0.22 percent at 93.7690.

In late New York trading, the euro was down to 1.1624 U.S. dollars from 1.1655 dollars in the previous session, and the British pound decreased to 1.3784 dollars from 1.3832 U.S. dollars in the previous session. The Australian dollar fell to 0.7465 U.S. dollar from 0.7521 dollar.

The U.S. dollar bought 113.94 Japanese yen, lower than 114.20 Japanese yen of the previous session. The U.S. dollar was down to 0.9184 Swiss franc from 0.9188 Swiss franc, and it was up to 1.2378 Canadian dollars from 1.2315 Canadian dollars.

On the data front, the Department of Labor reported Thursday that U.S. initial jobless claims, a rough way to measure layoffs, decreased by 6,000 to 290,000 for the week ending Oct. 16. Economists polled by Dow Jones had estimated new claims would total a seasonally adjusted 300,000.

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