Forex
Dollar index pares losses after strong labor market reports
© Reuters. U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration
NEW YORK (Reuters) -The dollar pared losses against other major currencies to trade little changed on Thursday after a private payrolls report indicated the U.S. labor market remains strong while Americans filing for unemployment benefits suggested labor conditions were gradually easing.
The , measuring the U.S. currency against six others, including the euro and Japan’s yen, fell 0.087%.
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