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Dollar little changed against major currencies

(Xinhua)

08:44, November 16, 2012

NEW YORK, Nov. 15 (Xinhua) -- The U.S. dollar was little changed against its major counterparts in Thursday's trading, as job data in the U.S. and growth statistics from European Union were both disappointing.

The dollar was under pressure after the U.S. Labor Department reported Thursday the number of Americans initially applying for unemployment benefits last week surged to 439,000, the highest level in 18 months. However, the increase was mainly due to effects of superstorm Sandy.

Moreover, economic data showed the 17-country eurozone had slipped into its second recession since 2009 in the third quarter as the three-year debt crisis started to hit the region's powerhouse of Germany.


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