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Forex

Dollar rises on reassuring data, euro slips

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By Laura Matthews

© Reuters. FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo.   REUTERS/Thomas White/Illustration/File Photo

NEW YORK (Reuters) – The U.S. dollar rose against a basket of currencies on Thursday, after data showed lower than expected jobless claims and a rise in retail sales as markets look for signs of how the broader health of the economy will influence the size of upcoming rate cuts.

The , which tracks the U.S. currency against six major peers, was at 102.96, up 0.36%.

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