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U.S. dollar edges down amid financial information

NEW YORK, Feb. 16 (Xinhua) — The U.S. dollar inched decrease in late buying and selling on Thursday as market members digested newly-released financial information.

The dollar index, which measures the dollar towards six main friends, decreased 0.03 % to 103.8780.

In late New York buying and selling, the euro was as much as 1.0687 U.S. {dollars} from 1.0683 {dollars} within the earlier session, and the British pound decreased to 1.2010 U.S. {dollars} from 1.2023 {dollars} within the earlier session.

The U.S. dollar purchased 133.85 Japanese yen, decrease than 134.15 Japanese yen of the earlier session. The U.S. dollar rose to 0.9244 Swiss francs from 0.9243 Swiss francs, and it climbed to 1.3429 Canadian {dollars} from 1.3399 Canadian {dollars}. The U.S. dollar decreased to 10.4317 Swedish Kronor from 10.4396 Swedish Kronor.

The U.S. Labor Department reported Thursday that the nation’s producer value index, a measure of inflation from the point of view of business and enterprise, jumped 0.7 % in January, its largest enhance since final June and effectively above the 0.4 % consensus.

Meanwhile, a separate report by the Labor Department confirmed that U.S. preliminary jobless claims, a tough technique to measure layoffs, decreased by 1,000 to 194,000 for the week ending Feb. 11. Economists polled by The Wall Street Journal had forecast that new claims would complete 200,000.

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