September 5, 2019 / 12:39 PM / 17 days ago

Dollar index holds losses after ADP U.S. August jobs data

FILE PHOTO: U.S. dollar and China yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration

NEW YORK (Reuters) - The dollar held its earlier losses versus a basket of currencies on Thursday as payroll processor ADP said U.S. private hiring came in stronger than expected in August, while it revised lower its job reading for July.

At 8:23 a.m. (1223 GMT), an index that tracks the greenback against the euro, yen, sterling and three other currencies .DXY was down 0.27% at 98.185. It touched a one-week low of 98.14 earlier Thursday.

Reporting by Richard Leong

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