India, Aug. 14 -- The U.S. dollar climbed against its major counterparts in the New York session on Thursday, following the release of hotter-than-expected producer inflation report for July.
The PPI increased 0.9% on the month, beating forecasts of a 0.2% gain.
Core PPI rose 0.9%, compared to estimates of a 0.2% increase.
Initial jobless claims fell by 3,000 to 224,000 in the week ended August 9. The reading came in below forecasts of 228,000.
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The greenback climbed to 2-day highs of 1.1630 against the euro and 0.8092 against the franc. The next possible resistance for the currency is seen around 1.14 against the euro and 0.89 against the franc.
The g...