The U.S. dollar turned in a lackluster performance against its peers on Thursday as traders reacted to a slew of economic data from the U.S. and Europe, and reacted to comments from BoE policymaker about a likely hie in UK interest rate next year.
Data released by the Labor Department showed initial jobless claims in the U.S. slid to 406,000 in the week ended May 22nd, a decrease of 38,000 from the previous week's unrevised level of 444,000. Economists had expected jobless claims to dip to 425,000.
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