Dollar index holds losses after ADP US August jobs data

Parvez Jabri September 5, 2019

NEW YORK: The dollar held its earlier losses versus a basket of currencies on Thursday as payroll processor ADP said US private hiring came in stronger than expected in August, while it revised lower its job reading for July.

At 8:23 a.m. (1223 GMT), an index that tracks the greenback against the euro, yen, sterling and three other currencies was down 0.27% at 98.185. It touched a one-week low of 98.14 earlier Thursday.

Copyright Reuters, 2019

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