FX: Dollar mixed vs. rivals as U.S. jobs data eyed
Forex Pros – The U.S. dollar was mixed against other major currencies on Thursday, ahead of a key report on U.S. initial jobless claims and amid fresh fears over Greece's debt crisis.
The greenback was up against the euro, with EUR/USD shedding 0.5% to hit 1.367 after the European Central Bank said that a surge in imports pushed the euro zone current account into the red in January.
The dollar also rose against sterling, with GBP/USD sliding 0.29% to hit 1.5283 in the wake of disappointing data on U.K. factory orders.
In addition, the U.S. dollar rose against its Australian counterpart and the Swissy, with AUD/USD dropping 0.28% to hit 0.921 and USD/CHF gaining 0.51% to reach 1.0594.
But the greenback was down against the yen, the loonie and the kiwi: USD/JPY shed 0.06% to reach 90.25, USD/CAD slipped 0.06%% to hit 1.0097 and NZD/USD advanced 0.22% to reach 0.7156.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.33%.
Later Thursday, the U.S. was due to publish key monthly CPI data and weekly data on initial jobless claims, as well as a report on the country's current account.
Meanwhile, the Federal Reserve Bank of Philadelphia was to release a closely watched measure of manufacturers' views regarding the outlook for their sector.
Earlier in the day, Dow Jones Newswires reported that Greece was not hopeful of receiving financial assistance from an upcoming European summit, citing an unidentified Greek official.
The report came after government officials on Wednesday said the debt-laden country could seek IMF funding, if its EU partners do not provide "clear support" next week.