The dollar continued to rebound versus the euro on Thursday, supported by somewhat positive news on the U.S. economy.
The economy's growth in the final three months of 2013 was bumped up to a 2.6 percent annual pace from a preliminary reading of 2.4 percent, the Commerce Department reported.
Meanwhile, the Labor Department said that initial jobless claims unexpectedly fell to a nearly four-month low last week.
The report showed that initial jobless claims fell to 311,000 in the week ended March 22nd, a decrease of 10,000 from the previous week's revised figure of 321,000.
The dollar rose to $1.37 versus the euro, its highest in almost four weeks.
Talk of monetary stimulus from the European Central Bank has taken the euro from multi-year highs against a basket of currencies this week.
At the same time, officials from the Federal Reserve are floating the notion that U.S. interest rates will rise by this time next year as long as the nation's economic recovery remains on pace.
France's consumer confidence unexpectedly rose in March to equal its July 2012 level, official data showed.
The sterling, which normally moves in concert with the euro against the dollar, has de-coupled from the single currency over the past few days.
The buck slipped a penny to $1.665 versus the sterling Thursday.
U.K. retail sales recovered at a stronger than expected pace in February, official data revealed. Retail sales rose 1.7 percent from January.
Once again there was virtually no movement in the dollar/yen pair at Y102.10.
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