Investing.com - The dollar was broadly lower against the other major currencies on Thursday after the European Central Bank and the Bank of England announced no changes to monetary policy and investors positioned for the ECB press conference.
During European afternoon trade, the euro was at one-month highs against the dollar, with EUR/USD rising 0.17% to 1.3113.
The ECB left its benchmark interest rate on hold at a record low 0.5% and left deposit rates at zero, following its monthly meeting.
The dollar remained under pressure after U.S. private sector jobs data on Wednesday lowered expectations for a strong economic recovery.
U.S. non-farm private employment rose by a seasonally adjusted 135,000 last month, below expectations for an increase of 165,000.
The data is sometimes seen as an indicator of Friday’s closely watched government report on nonfarm payrolls.
The dollar was trading close to one-month lows against the yen, with USD/JPY inching up 0.01% to 99.05.
Demand for the safe haven yen continued to be underpinned by weakness in Japanese equities.
The dollar hit one-month lows against the pound, with GBP/USD rising 0.28% to 1.5447.
The BoE left interest rates on hold at a record low 0.5% and kept the size of its asset purchase program unchanged at GBP375 billion at outgoing Governor Mervyn King’s final meeting.
The dollar was little changed against the Swiss franc, with USD/CHF dipping 0.02% to 0.9420.
The greenback was mixed against its Australian, New Zealand and Canadian counterparts, with AUD/USD falling 0.36% to 0.9506, NZD/USD sliding 0.19% to 0.7953 and USD/CAD falling 0.23% to 1.0319.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.17% to 82.44.
The U.S. was to release the weekly report on initial jobless claims later in the trading day.
