Investing.com - The dollar was little changed against the other major currencies on Thursday, as markets showed no reaction to the previous session’s upbeat U.S. housing sector data and turned their attention to the upcoming report on weekly jobless claims.
EUR/USD held steady at 1.1171.
The greenback showed no reaction to Wednesday’s report by the U.S. National Association of Realtors saying that existing home sales increased by 1.1% in May to 5.62 million units, confounding expectations for a 0.5% drop.
GBP/USD was almost unchanged at 1.2661.
Elsewhere, USD/JPY slipped 0.24% to 111.12, while USD/CHF held at 0.9727.
The Australian dollar was little changed, with AUD/USD at 0.7550, while NZD/USD climbed 0.76% to 0.7262.
The Reserve Bank of New Zealand earlier held the benchmark interest rate at 1.75%, in a widely expected move, and indicated that it has no plans to hike rates anytime soon.
“Monetary policy will remain accommodative for a considerable period,” RBNZ Governor Graeme Wheeler said in a statement.
Wheeler added that “a lower New Zealand dollar would help rebalance the growth outlook towards the tradables sector,” but also noted the currency’s recent gains were partly driven by higher export prices.
Meanwhile, USD/CAD edged down 0.13% to trade at 1.3319, just off Wednesday’s one-week high of 1.3348 as declining oil prices continued to dampen demand for the commodity-related loonie.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 97.16.