Dollar dips, data stays in focus for Fed clues

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Key Points

NEW YORK (Reuters) The dollar index dipped on Thursday but came off of a three-week low as investors waited on new data catalysts for clues on when the U.S. Federal Reserve is likely to begin cutting interest rates...

Minutes from the Feds January meeting released on Wednesday showed that the bulk of policymakers were concerned about the risks of cutting interest rates too soon as they seek to bring inflation closer to the 2% annual target...

U.S. data on Thursday showed that jobless claims unexpectedly fell last week, while U.S. business activity cooled in February, with a measure of prices paid for inputs falling to the lowest level in nearly 3-1/2 years...

The euro edged up 0.03% to $1.0820 and earlier reached $1.0889, the highest since Feb. 2. The downturn in euro zone business activity eased in February, suggesting signs of recovery, according to a survey on Thursday...

Japanese Finance Minister Shunichi Suzuki said on Thursday that the government had no defence line for foreign exchange rates, but it was necessary to monitor volatility in the market as the yen has weakened against the dollar in recent days...

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