By Deborah Levine
NEW YORK (MarketWatch) -- The dollar and Treasury prices pared gains on Thursday after a report showed U.S. initial jobless claims fell to 348,000 in the latest week. Separately, data showed producer prices rose 0.1% and housing starts rose at a faster pace than expected in January. The dollar index DXY +0.42% , which tracks the U.S. unit against six currencies, pared gains to 80.018 from 79.641 late Wednesday in North American trading. The euro traded at $1.3004, from $1.2985 prior to the data and from $1.3067. Yields on 10-year notes 10_YEAR -0.36% , which move inversely to prices, erased a decline to trade at 1.93%. The dollar and U.S. bonds were supported before the reports by increasing uncertainty over whether Greece will receive bailout funds in time to prevent a default.
