1st LD Writethru: U.S. dollar declines on profit-taking
Xinhua, December 25, 2015 Adjust font size:
The U.S. dollar edged down against most major currencies Thursday on investors' profit-taking.
Analysts said the greenback slipped as traders took profits on bullish positions, which were underpinned by the Federal Reserve's decision to raise interest rate.
The greenback was under further pressure as the country's job data came out below expectation.
On the economic front, in the week ending Dec. 19, the advance figure for seasonally adjusted initial claims was 267,000, a decreased of 5,000 from the previous week's revised level and slightly below the marker expectations, according to the U.S. Labor Department Thursday.
The dollar index, which measures the greenback against six major peers, was down 0.44 percent at 97.924 in late trading.
In late New York trading, the euro gained to 1.0966 dollars from 1.0908 dollars of the previous session, and the British pound increased to 1.4914 dollars from 1.4872 dollars. The Australian dollar went up to 0.7270 dollars from 0.7241 dollars.
The dollar bought 120.32 Japanese yen, lower than 120.85 yen of the previous session. The dollar moved down to 0.9863 Swiss francs from 0.9906 Swiss francs, and it moved down to 1.3830 Canadian dollars from 1.3862 Canadian dollars. Endit