Xinhua
14 Jan 2022, 02:25 GMT+10
NEW YORK, Jan. 13 (Xinhua) -- The U.S. dollar weakened in late trading on Thursday as market participants digested a slew of economic data.
The dollar index, which measures the greenback against six major peers, decreased 0.13 percent at 94.7989.
In late New York trading, the euro rose to 1.1460 U.S. dollars from 1.1448 dollars in the previous session, and the British pound increased to 1.3718 dollars from 1.3711 U.S. dollars in the previous session. The Australian dollar decreased to 0.7288 U.S. dollar from 0.7290 dollar.
The U.S. dollar bought 114.06 Japanese yen, lower than 114.40 Japanese yen of the previous session. The U.S. dollar fell to 0.9107 Swiss franc from 0.9135 Swiss franc, and it fell to 1.2488 Canadian dollars from 1.2501 Canadian dollars.
On the data front, the U.S. Labor Department said on Thursday that the nation's producer price index, also U.S. wholesale prices, rose 0.2 percent in December, the smallest increase in 13 months. The increase fell short of the 0.4-percent forecast by economists.
Meanwhile, a separate report by the Labor Department showed U.S. initial jobless claims, a rough way to measure layoffs, rose by 23,000 to 230,000 in the week ending Jan. 8. Economists polled by The Wall Street Journal had estimated new claims would slip to 200,000.
Get a daily dose of The UK News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to The UK News.
More InformationFRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
(Photo credit: Brett Davis-Imagn Images) Desire Doue scored in the 78th minute, Ousmane Dembele added a second in stoppage time and...
(Photo credit: Grace Smith/IndyStar / USA TODAY NETWORK) FC Cincinnati announced the signing of French forward Kenji Mboma Dem to...
BEIJING, July 5 (Xinhua) -- No dull rows of chairs and tables, no endless slides of charts and numbers -- instead, a gleaming statue...
Burnley [UK], July 5 (ANI): England's experienced defender Kyle Walker completed a move to Burnley from Manchester City on a two-year...