The U.S. dollar traded mixed against the most major currencies after the number of initial jobless claims from the U.S. The number of initial jobless claims in the week ending November 08 in the U.S. rose by 12,000 to 290,000 from 278,000 in the previous week. Analysts had expected an increase to 282.000.
Job openings in the U.S. declined to 4.73 million in September from 4.85 million in August. August's figure was revised up from 4.84 million. Analysts had expected job openings to remain at 4.85 million.
The euro traded higher against the U.S. dollar after the consumer price indices from Germany and France. Germany's final consumer price index declined 0.3% in October.
On a yearly basis, German final consumer price index rose 0.7% in October, lower than the previous reading of 0.8% gain.
France's consumer price inflation was flat in October, beating expectations for a 0.1% decline, after a 0.4% drop in September.
On a yearly basis, French consumer price index increased 0.5% in October, after a 0.3% rise in September.
The British pound declined against the U.S. dollar in the absence of any major economic reports from the U.K.
The Bank of England's inflation letter released on Wednesday still weighed on the pound. The Bank of England (BoE) lowered its economic growth and inflation forecasts.
The BoE cut its forecasts for economic growth in 2015 to 2.9% from a previous 3.1% gain.
The BoE Governor Mark Carney warned that inflation could fall below 1% in the next six months due to lower commodity prices and a slowdown of global growth. The central bank expects inflation to achieve its 2% target in three years.
The Canadian dollar fell against the U.S. dollar after Canadian new housing price index. Canada's new housing price index increased by 0.1% in September, missing expectations for a 0.2% rise, after a 0.3% gain in August.
The Swiss franc traded slightly higher against the U.S. dollar. Switzerland's producer and import prices declined 0.1% in October, beating forecasts of a 0.2% decrease, after a 0.1% fall in September.
On a yearly basis, producer and import prices decreased 1.1% in October, beating expectations for a 1.4% decline, after a 1.4% drop in September.
The New Zealand dollar traded mixed against the U.S. dollar after the increase in the morning trading session.
In the overnight trading session, the kiwi traded mixed against the greenback after the economic data from New Zealand. The Business NZ Manufacturing Index climbed to 59.3 in October from 58.5 in September. September's figure was revised up from 58.1.
New Zealand's food price index was flat in October, after a 0.8% drop in September.
The Australian dollar traded slightly lower against the U.S. dollar after the rise in the morning trading session.
In the overnight trading session, the Aussie traded lower against the greenback after the economic data from Australia and China. The Melbourne Institute's consumer inflation expectations for Australia increased to 4.1% in October from 3.4% in September.
China's industrial output rose 7.7% in October, missing expectations for a 8.0% rise, after a 8.0% increase.
China's fixed-asset investment increased 15.9% in October, missing forecasts of a 16.0% gain, after a 16.1% rise in September.
Retail sales in China climbed 11.5% in October, missing expectations for a 11.6% rise, after a 11.6% gain in September.
The Japanese yen traded slightly lower against the U.S. dollar.
In the overnight trading session, the yen traded lower against the greenback despite the better-than-expected economic data from Japan. Japan's core machinery orders increased 2.9% in October, beating expectations for a 1.0% decline, after a 4.7% gain in September.
Industrial production in Japan rose 2.9% in September, faster than the 2.7% growth estimated earlier.