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U.S. dollar drops after jobless claims information

NEW YORK, March 9 (Xinhua) — The U.S. dollar fell in late buying and selling on Thursday after information confirmed an uptick in U.S. jobless claims final week.

The dollar index, which measures the dollar in opposition to six main friends, decreased 0.34 % to 105.3021.

In late New York buying and selling, the euro was as much as 1.0577 U.S. {dollars} from 1.0546 {dollars} within the earlier session, and the British pound rose to 1.1911 U.S. {dollars} from 1.1841 {dollars} within the earlier session.

The U.S. dollar purchased 136.16 Japanese yen, decrease than 137.21 Japanese yen of the earlier session. The U.S. dollar was right down to 0.9358 Swiss francs from 0.9411 Swiss francs, and it rose to 1.3823 Canadian {dollars} from 1.3799 Canadian {dollars}. The U.S. dollar elevated to 10.7310 Swedish Kronor from 10.7174 Swedish Kronor.

The U.S. Labor Department reported Thursday that the variety of Americans submitting for unemployment advantages elevated by 21,000 to 211,000 for the week ending March 4. It marked the primary time in eight weeks that claims got here in above 200,000. Economists polled by The Wall Street Journal had forecast new claims to whole 195,000.

The extra closely-watched February U.S. employment state of affairs report is slated for launch on Friday.