Dollar index moves lower after U.S. jobs data disappoints.
The dollar fell against a basket of other major currencies on Thursday, after data showed that he U.S. economy added fewer jobs than expected last month data, dampening expectations for a rate hike.
The Labor Department reported that the economy added 223,000 jobs in June, compared to expectations for jobs growth of 230,000. May’s figure was revised down to 254,000 from 262,000 previously.
The unemployment rate ticked down to 5.3% last month, from 5.5% in June. Economists had expected the jobless rate to decline to 5.4%.
A separate report showed that the number of individuals filling for initial jobless benefits in the week ending June 27 increased by 10,000 to 281,000 from the previous week’s total of 271,000. Analysts had expected initial jobless claims to fall by 1,000 to 270,000 last week.
The euro's gains were capped however, as Greek Prime Minister Alexis Tsipras on Wednesday urged Greeks to reject an international bailout deal in a referendum due to be held on July 5, souring hopes of any breakthrough.
The pound was steady, with GBP/USD at two-and-a-half week lows of 1.5615.
Elsewhere, the dollar was steady against the yen, with USD/JPY at 123.10 and lower against the Swiss franc, with USD/CHF slipping 0.18% to 0.9469.
The Australian and New Zealand dollars were weaker, with AUD/USD down 0.41% at 0.7613 and with NZD/USD retreating 0.62% to fresh five-year lows of 0.6693.
The U.S. dollar Index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.20% at 96.28.