The US dollar rose against major currencies on Thursday as higher US bond yields revived appeal for the greenback, while the euro recovered from recent lows on upbeat economic data. The dollar's gains were limited by a bigger-than-expected rise in US weekly jobless claims, while the shared currency has remained pressure by bets the European Central Bank will loosen monetary policy next week to avert deflation.
The dollar index that gauges its value against the euro, yen and four other currencies was up 0.17 percent at 80.232, bringing its month-to-date gain to 0.95 percent. The euro fell 0.2 percent versus the greenback at $1.3655 , recovering from a three-month low of $1.36345 on Wednesday, while the dollar gained 0.3 percent against the yen at 101.63 yen after hitting a 3-1/2-month low against the yen a day earlier. The euro, while weaker against the dollar, held steady against the yen at 138.72 yen, recovering from a 3-1/2 month low of 138.15 yen set on Wednesday.
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