U.S. dollar edges down amid economic data

The U.S. dollar fell modestly in late trading on Thursday as market participants digested newly-released economic data.

The dollar index, which measures the greenback against six major peers, was down 0.09 percent at 92.9628.

In late New York trading, the euro increased to 1.1806 U.S. dollars from 1.1773 dollars in the previous session, and the British pound decreased to 1.3115 dollars from 1.3210 U.S. dollars in the previous session. The Australian dollar was down to 0.7236 U.S. dollar from 0.7274 dollar.

The U.S. dollar bought 105.08 Japanese yen, lower than 105.45 Japanese yen of the previous session. The U.S. dollar decreased to 0.9147 Swiss franc from 0.9172 Swiss franc, and it rose to 1.3139 Canadian dollars from 1.3070 Canadian dollars.

On the data front, U.S. initial jobless claims, a rough way to measure layoffs, came in at 709,000 in the week ending Nov. 7, following an upwardly revised 757,000 in the prior week, the Department of Labor reported on Thursday. Economists polled by Bloomberg had projected a 731,000 in initial claims for last week.

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