U.S. dollar inches down slightly

Source: Xinhua| 2018-10-05 07:53:40|Editor: Liu
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NEW YORK, Oct. 4 (Xinhua) -- The U.S. dollar fell marginally on Thursday amid spike of 10-year Treasury yields, with the dollar index falling 0.01 percent at 95.7483 as of 15:00 EST.

The yield of 10-year Treasury debt reached 3.232 percent in the morning session, the highest level since May 2011, which sparked a correction of U.S. stock markets.

U.S. economy demonstrated continuous strength with initial unemployment claims in the week ending Sept. 29 at 49-year low of 207,000, according to data issued by the Department of Labor on Thursday.

In late New York trading, the euro decreased to 1.1513 dollars from 1.1517 dollars in the previous session, and the British pound rose to 1.3023 dollars from 1.2975 U.S. dollars in the previous session. The Australian dollar decreased to 0.7074 dollar from 0.7120 dollar.

The U.S. dollar bought 113.86 Japanese yen, lower than 114.33 Japanese yen of the previous session. The U.S. dollar rose to 0.9915 Swiss franc from 0.9898 Swiss franc, and it was up to 1.2923 Canadian dollars from 1.2841 Canadian dollars.