The US Labor Department is due to release its customary jobless claims report for the week ended March 27th at 8:30 am ET.

Ahead of the report, the greenback edged down against most of its major counterparts. As of 8:25 am ET, the dollar was worth 1.3407 versus the euro, 1.138 against the franc and 99.62 against the Japanese yen.

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