MW: Dollar down vs. euro after jobs, inflation data
By Deborah Levine
DXY
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NEW YORK (MarketWatch) -- The dollar regained some ground versus the euro but remained in negative territory on Thursday after U.S. economic reports showed initial jobless claims fell 10,000 to 514,000 in the latest week, while consumer prices rose 0.2%, more than economists forecast. The euro bought $1.4893, down from $1.4916 in North American trade late Wednesday. The dollar index (DXY 75.68, +0.13, +0.17%) , a measure of the greenback against a trade-weighted basket of currencies, traded at 75.557, compared to 75.513 Wednesday. Also, manufacturing activity in New York rose to its highest level in five years in October, the New York Federal Reserve Bank said. Still to come is a report on business activity in the Philadelphia Fed's region.
