The dollar edged lower Thursday, but finished just below a 2½ week high against its main rivals, as investors look ahead to Friday’s July nonfarm payrolls report.The ICE U.S. Dollar Index DXY, +0.06% a measure of the dollar’s strength against a basket of rival currencies, finished the day down 0.2% to 97.7560, just below its highest level in 2½ weeks.
The euro EURUSD, -0.0366% which has the most influence on the value of the index, finished at $1.0934 compared with $1.0903 late Wednesday in New York. The dollar USDJPY, +0.02% traded at ¥124.68, little-changed from its level from late Wednesday.
The pound GBPUSD, -0.0129% dropped to $1.5467, its lowest level in two weeks, after the outlook, inflation report and minutes were released at noon London Time. It has since recovered slightly, recently trading at $1.5518, compared with $1.5602 late Wednesday in New York.
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