NEW YORK (AP) — The dollar is trading higher against most major currencies on weaker data from the U.S. and China.
The euro fell to $1.2573 midday Thursday from $1.2672 late Wednesday.
The number of people seeking U.S. unemployment benefits fell by 2,000 last week to 387,000, the Labor Department said. The dip is not enough to signal a better month of hiring in June.
The National Association of Realtors said sales of previously occupied homes fell 1.5 percent in May from the previous month to 4.55 million.
In China, a monthly HSBC survey showed that manufacturing in the world's second largest economy continued to contract in June.
The British pound fell to $1.5625 from $1.5702. The dollar rose to 80.18 Japanese yen from 79.47 yen.
