The U.S. weekly jobless claims for the week ended August 5 and producer prices for July have been released at 8:30 am ET Thursday. The greenback dropped against its major rivals after the data.

The greenback was trading at 1.1742 against the euro, 109.61 against the yen, 0.9654 against the franc and 1.3005 against the pound around 8:35 am ET.

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