Forexpros – The U.S. dollar slipped lower on Thursday after stronger than expected euro zone economic figures and a positive Spanish note auction.
During late session U.S. trade, the greenback was down against the euro, with EUR/USD gaining 0.296% to hit 1.3020.
The single currency gained strength on a better than expected Spanish note auction and a technical bounce from 11 month lows.
The greenback was also down against the pound, with GBP/USD gaining 0.0045% to hit 1.5512.
Spain sold 6.03 billion euros of bonds beating the maximum target of 3.5 billion euros the Treasury set for the auction adding bullishness to the euro.
The euro area composite index which surveys purchasing managers posted 0.9% gain in November beating economist’s estimates.
Meanwhile, the greenback was lower against the yen and the Swiss franc with USD/JPY down by 0.28% to hit 77.86 and USD/CHF giving back 1.39% to hit 0.9402.
The greenback was also lower against its Canadian, Australian and New Zealand counterparts with USD/CAD falling 0.40% to hit 1.0353, AUD/USD gaining 0.21% to hit 0.9931 and NZD/USD climbing 0.50% to 0.7542.
Investors are awaiting European Central Bank head Mario Draghi to speak on Friday, as well as inflation data from the U.S.
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