Dollar Down in Choppy Trading After Data; Swiss Franc Gains Following Rate Cut

FOREX - NEW YORK. The dollar was down in choppy trading on Thursday after a host of U.S. data indicated a relatively healthy economy, while the Swiss franc rose after the country's central bank cut interest rates by 25 basis points (bps).

The greenback began paring losses after data showed U.S. weekly jobless claims fell by 4,000 to a four-month low of 218,000, below the 225,000 forecast by economists polled by Reuters.