Summary Dollar, euro and yen traded broadly flat, despite fresh data signaling Japan's exit from recession.
NEW YORK (AFP) - The dollar, euro and yen traded broadly flat Thursday, despite fresh data signaling Japan's exit from recession and US numbers that underscored that underscored weaknesses in the US economy.
At 2200 GMT, the euro was at $1.2886, compared to $1.2884 late Wednesday.
The dollar was at 102.22 yen compared to 102.23 yen, while the euro was unchanged at 131.72 yen.
The yen failed to hold onto early gains that followed official data in Tokyo showing Japan's economy exited from recession in the first quarter, expanding 0.9 percent from the previous quarter.
The data was seen by some observers as an early mark of success for Prime Minister Shinzo Abe's bid to stimulate the long-stagnant economy with a policy prescription of big government spending and aggressive central bank easing.
The dollar also held firm despite a disappointing sharp rise in new claims for unemployment insurance, a fall in consumer prices and a drop in new home sales last month, suggesting a lull in the housing recovery.
"Risk markets took a bit of sojourn from their normal modus operandi today by mixing up reactions to some rather disappointing news releases," said Neal Gilbert of FX360.
The British pound did show some strength, gaining to $1.5277 from $1.5230; the dollar was flat against the Swiss franc at 0.9647 francs.
