US dollar mixed against other major currencies

New York, Jan 8 (IANS) The US dollar traded mixed against most major currencies on Thursday before the non-farm payrolls report due on Friday.

Traders were looking to the key December employment data, the first jobs report since the US Federal Reserve’s mid-December decision to raise its interest rates, Xinhua news agency reported.

Federal Reserve expected the US economic conditions would evolve in a manner that would warrant only gradual increases in the federal funds rate, according to the minutes released by the Fed on Wednesday.

The dollar index, which measures the greenback against six major peers, was down 0.98 percent at 98.207 in late trading.

In late New York trading, the euro gained to $1.0925 from $1.0793 of the previous session, and the British pound decreased to $1.4617 from $1.4630. The Australian dollar went down to $0.7001 from $0.7059.

The dollar bought 117.54 Japanese yen, lower than 118.43 yen of the previous session. The dollar moved down to 0.9933 Swiss francs from 1.0064 Swiss francs, and it moved down to 1.4086 Canadian dollars from 1.4096 Canadian dollars.

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