However, the dollar turned lower against most of its peers as investors mull comments from Trump and his nominee for Treasury Secretary Steve Mnuchin that the unit is too strong and could hurt the US economy.
“We may have underestimated… investor sentiment towards Mnuchin and Trump’s comments on the dollar,” said Stephen Innes, senior trader at OANDA, in a note.
“Of course, this does not mean it’s open season to sell dollars; it is certainly weighing on sentiment as there is little dollar appeal in the markets.”
The US unit’s general weakness also saw it tumble more than two percent against the Mexican peso despite news Trump had ordered work to begin on planning and building a wall along the US-Mexico border.
The dollar bought a little more than 21 pesos Thursday, well down from the record levels above 22 pesos touched earlier this month.
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