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U.S. dollar edges down as key jobs report looms

NEW YORK, April 6 (Xinhua) — The U.S. dollar fell modestly in late buying and selling on Thursday as market contributors awaited a vital month-to-month U.S. labor market report.

The dollar index, which measures the dollar towards six main friends, decreased 0.03 % to 101.8245.

In late New York buying and selling, the euro was as much as 1.0930 U.S. {dollars} from 1.0909 {dollars} within the earlier session, and the British pound was all the way down to 1.2452 U.S. {dollars} from 1.2463 {dollars} within the earlier session.

The U.S. dollar purchased 131.78 Japanese yen, greater than 131.12 Japanese yen of the earlier session. The U.S. dollar decreased to 0.9041 Swiss francs from 0.9060 Swiss francs, and it was as much as 1.3472 Canadian {dollars} from 1.3453 Canadian {dollars}. The U.S. dollar was as much as 10.4160 Swedish Kronor from 10.4035 Swedish Kronor.

The U.S. Labor Department reported Thursday that the variety of Americans submitting for unemployment advantages stood at 228,000 within the week ending April 1, a lower of 18,000 from the prior week’s upwardly revised stage of 246,000. The studying exceeded analyst consensus of 200,000.

The extra closely-watched March U.S. employment state of affairs report, which can embody employment knowledge from each the personal sector and the federal government, is slated for launch on Friday.

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