Dollar Keeps Up Rally Against Euro

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The dollar kept up its post-holiday rally Thursday against the euro, which dropped below $1.32 for the first time in more than three weeks after a report showed a jump in U.S. jobless claims before Friday’s monthly jobs report.


The euro rose to around $1.3190, down about 0.5 percent from levels late the prior session in New York.


The euro has risen from $1.20 since September, fueled by concern over the wide U.S. trade and budget deficits. It last traded below $1.32 on Dec. 13.


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