The U.S. dollar turned in a slightly volatile performance on Thursday as traders reacted to a slew of upbeat U.S. economic data, and the Bank of England's monetary policy announcement.
The Labor Department's report showed initial jobless claims in the U.S. edged down to 411,000 in the week ended June 19th, a decrease of 7,000 from the previous week's revised level of 418,000. Economists had expected jobless claims to drop to 380,000 from the 412,000 originally reported for the previous week.
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