• DXY is softly lower on Thursday after US data comes in mixed.
• Losses remain limited as Greenback keeps downside contained.
• Investors pivot to Friday’s key US inflation print.

The US Dollar Index (DXY) showed the Greenback giving a mixed performance on Thursday, testing into the low side after a mixed bag of US data figures but finding enough footing to limit losses. The US Dollar is mixed across the major currencies board, down a thin quarter of a percent against the Euro (EUR) and up a scant sixth of a percent against the Swiss Franc (CHF).

US Initial Jobless Claims for the week ended June 21 were better than expected, with 233K new jobless benefits seekers compared to the forecasted 236K, and slightly down from the previous week’s 238K. The four-week average for Initial Jobless Claims increased to 236K, but this still remains below the running average.

The US Gross Domestic Product (GDP) met expectations on Thursday, with a slight revision to 1.4% from the initial reading of 1.3%. Additionally, Core Personal Consumption Expenditures for the first quarter rose slightly to 3.7% quarter-on-quarter, versus the forecasted 3.6%. Following Thursday's market close, the upcoming Presidential debate will attract attention as investors anticipate possible policy hints from the candidates