U.S. dollar falls amid mixed data, ECB President Draghi's remarks
Xinhua, September 25, 2015 Adjust font size:
The U.S. dollar decreased against most major currencies Thursday as the economic data from the country came out mixed.
The U.S. Commerce Department announced Thursday that new orders for manufactured durable goods in August declined 4.8 billion dollars, or 2 percent, to 236.3 billion dollars.
Meanwhile, in the week ending Sept.19, the advance figure for seasonally adjusted initial jobless claims was 267,000, up 3,000 from the previous week's unrevised level, according to the U.S. Labor Department Thursday. The latest reading was below market consensus of 275,000.
The greenback extended losses against the euro Thursday after the European Central Bank President Mario Draghi said in the previous session that the bank needed more assessment before unleashing further stimulus.
Analysts said Draghi's comments lowered market expectation of an immediate easing, thus driving the euro up against the greenback.
The dollar index, which measures the greenback against six major currencies, was down 0.08 percent to 95.995 in late trading.
In late New York trading, the euro rose to 1.1220 dollars from 1.1208 dollars in the previous session, and the British pound dropped to 1.5237 dollars from 1.5262 U.S. dollars in the previous session. The Australian dollar increased to 0.7036 U.S. dollar from 0.6999 dollar.
The U.S. dollar bought 120.03 Japanese yen, lower than 120.14 yen of the previous session. The U.S. dollar declined to 0.9761 Swiss franc from 0.9767 Swiss franc and fell to 1.3317 Canadian dollars from 1.3332 Canadian dollars. Endit