Tag: economic data
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US dollar weakens amid gloomy economic data
New York : The US dollar declined as the allure of the greenback diminished amid a slew of downbeat economic data. In late New York trading on Thursday, the euro rose to $1.1299 from $1.1269 in the previous session, and the British pound decreased to $1.2801 from $1.2850 in the previous session, Xinhua news agency…
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US dollar drops against euro amid downbeat data
New York:(IANS) The US dollar lost against euro Thursday as economic data of the country came in worse-than-expected. On the US economic front, in the week ending September 26, the advance figure for seasonally-adjusted initial jobless claims increased by 10,000 from the previous week’s unrevised level to 277,000, above market consensus of 272,000, said the…