India, Feb. 20 -- The U.S. dollar weakened against its major counterparts in the New York session on Thursday, following the release of higher-than-expected initial jobless claims for the week ended February 15.
Data from the Labor Department showed that initial jobless claims rose to 219,000, an increase of 5,000 from the previous week's revised level of 214,000.
Economists had expected jobless claims to inch up to 215,000 from the 213,000 originally reported for the previous week.
Investors digested President Donald Trump's plan to impose 25 percent tariffs on imports of automobiles, pharmaceuticals and semiconductors.
Trump said the tariffs could be imposed as early as April 2nd and warned the duties could "go substantially higher ov...