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Monday, May 13, 2024
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HomeBusinessUS dollar gains after solid batch of economic data

US dollar gains after solid batch of economic data

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NEW YORK (Reuters) – The dollar rose on Thursday after another round of solid data, which showed lower than expected U.S. initial jobless claims in the latest week and a milder-than-expected fall in a business index from the Philadelphia Federal Reserve.

The dollar index rose 0.4% to 103.33 after the economic numbers.

(Reporting by Gertrude Chavez-Dreyfuss; Editing by Bernadette Baum)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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