NEW YORK (CNNMoney.com) -- The dollar slipped against the euro and the pound Thursday but rose against the yen as investors digested mixed U.S. economic news.
What prices are doing: The dollar edged 0.2% lower on the euro to $1.3678 and fell 0.6% versus the pound to $1.5036. The buck was flat against the yen at ¥90.52.
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| Click chart to view current rates. |
The dollar was higher against the yen and the pound Wednesday, and lower on the euro.
What's moving the market: Investors weighed mixed U.S. economic data on jobless claims and the trade balance.
The Commerce Department said the trade deficit narrowed to $37.3 billion in January from $39.9 billion a month earlier. Economists expect the trade deficit to increase to $41 billion from $40.2 billion in December.
But the report also showed that exports fell for the first time in almost a year and imports slipped 1.7%, the largest decline in 11 months.
The Labor Department's report on claims for unemployment insurance showed that while initial claims fell by a modest 6,000 to 462,000, continuing claims jumped by 37,000, highlighting the labor market's long-term unemployment challenges.
Economists surveyed by Briefing.com expect initial claims to fall to 460,000, with continuing claims remaining unchanged at 4.5 million.
What analysts are saying: While the smaller trade deficit should boost the dollar, fewer imports and exports weighed on the greenback.
Forex.com chief currency strategist Brian Dolan said investors will keep currency trading in a tight range ahead of U.S. retail sales data due Friday.
He added that concerns over Greece's debt situation will curb gains in the euro and the pound. 
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.89% | 3.88% | |
| 15 yr fixed | 3.21% | 3.21% | |
| 5/1 ARM | 2.87% | 2.88% | |
| 30 yr refi | 3.96% | 3.96% | |
| 15 yr refi | 3.30% | 3.29% |
Today's featured rates:
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,801.23 | -89.23 | -0.69% |
| Nasdaq | 2,903.88 | -23.35 | -0.80% |
| S&P 500 | 1,342.64 | -9.31 | -0.69% |
| Treasuries | 1.97 | -0.08 | -3.81% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 8.07 | -0.11 | -1.34% |
| General Electric Co | 18.88 | -0.26 | -1.33% |
| Cisco Systems Inc | 19.90 | -0.10 | -0.52% |
| Ford Motor Co | 12.44 | -0.25 | -1.97% |
| Frontier Communicati... | 4.04 | -0.10 | -2.42% |
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