Dollar rises on reassuring data, euro slips

By Laura Matthews



NEW YORK (Reuters) - The U.S. dollar rose against a basket of currencies on Thursday, after data showed lower than expected jobless claims and a rise in retail sales as markets look for signs of how the broader health of the economy will influence the size of upcoming rate cuts.

The dollar index , which tracks the U.S. currency against six major peers, was at 102.96, up 0.36%.

Source: Investing.com

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