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U.S. Dollar Trade Mixed Amid Economic Data
 

The U.S. dollar traded mixed against other major currencies Thursday as investors digested the latest economic data.

On the U.S. economic front, initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 249,000 for the week ended Nov. 11, the Labor Department said on Thursday. It was the second straight weekly increase and higher than market expectations.

The Federal Reserve said on Thursday that U.S. industrial production jumped a solid 0.9 percent in October as factory activity recovered from the impact of Hurricanes Harvey and Irma, beating market consensus.

The dollar index, which measures the greenback against six major peers, was up 0.15 percent at 93.951 in late trading.

In late New York trading, the euro declined to 1.1764 dollars from 1.1793 dollars in the previous session, and the British pound increased to 1.3182 dollars from 1.3168 U.S. dollars in the previous session. The Australian dollar climbed to 0.7589 dollar from 0.7584 dollar.

The dollar bought 113.03 Japanese yen, higher than 112.95 yen of the previous session. The U.S. dollar increased to 0.9942 Swiss franc from 0.9888 Swiss franc, and it was down to 1.2747 Canadian dollars from 1.2769 Canadian dollars.


(www.chinaview.cn 2017-11-17)
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