By Sarah Turner, MarketWatch
SYDNEY (MarketWatch) -- The dollar index edged higher on Thursday, with U.S. data on tap for later in the session.
The dollar index DXY +0.20% , which measures the greenback against a basket of six currencies, traded at 73.885 on Thursday, from 73.697 recorded in late North American trading on Wednesday.
“The dollar index remains range-bound, but seems to be slipping toward the lower end of that range, and is testing trend line support back to the May lows,” said currency strategists at RBC Capital Markets.
“With the dollar index unsteady, upcoming U.S data is in focus,” they added. Thursday will see the release of July CPI data, the August Philly Fed index and July existing home sales.
The dollar USDJPY +0.11% bought 76.63 yen, compared to 76.50 yen in late trading Wednesday.
The euro EURUSD -0.28% traded at $1.4405, from $1.4447 on Wednesday, while sterling GBPUSD -0.24% reached $1.6521, from $1.6564 late the previous day.
