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RTTN: Dollar Mixed Against Majors
 
(RTTNews) - The U.S. dollar showed mixed trading against other major currencies during European session on Thursday. The dollar eased from 6-day highs against the franc and the euro. Moved slightly from a 1-week high against the pound and extended its downtrend against the yen.

Dollar eased from a 6-day high against the franc during Thursday's European deals. At 5:35 am ET, the dollar touched a low of 1.0797. The current quote for the dollar-franc pair is 1.0797, compared to yesterday's close of 1.0789.

The dollar drifted lower from a 6-day high against the euro hit earlier. At 5:45 am ET, the dollar dipped to 1.3586 against the euro. As of now, the euro-dollar pair is trading at 1.3587, compared to yesterday's close of 1.3599.

Moving down from a 1-week high of 1.5578, the dollar touched a low of 1.5613 against the pound at 5:45 am ET. At present, the pound-dollar pair is trading at 1.5612. This level may be compared to Wednesday's close of 1.5674.

Extending its downtrend, the dollar reached a low of 90.79 against the Japanese currency. At present, the greenback-yen pair is worth 90.81, down from yesterday's close of 91.27.

There are flurry of economic reports slated for release from the U.S. The PPI for January, the weekly jobless claims report for the week ended Feb. 13, leading indicators for January and the results of the Philadelphia Federal Reserve's manufacturing survey for February are likely to influence trading during North American session.

by RTT Staff Writer
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