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Markets

Dollar trims losses against euro

Published December 1, 2011 Updated December 1, 2011 04:32pm

imatttyNEW YORK: The dollar trimmed losses against the euro on Thursday after data showed US weekly jobless claims rose in the latest week.

US jobless claims rose to 402,000 in the week ended November 26, higher than consensus forecast of 390,000.

The euro cut gains to trade below $1.3500 on trading platform EBS from around $1.35160 before the data. It was last at $1.34933, still up 0.4 percent on the day.

Copyright Reuters, 2011

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