The dollar firmed across the board on Thursday, helped by an upbeat U.S. retail sales report that suggested the recovery of the world's largest economy is on a stable footing.
That report, however, does not alter expectations as to how soon the Federal Reserve will begin reducing its economic stimulus, analysts said. Market participants still expect the Fed to pare back its asset purchases no later than March 2014 and this has been reinforced after Thursday's weaker-than-expected U.S. jobless claims data.
U.S. retail sales rose 0.7 percent in November, while initial jobless claims rose 68,000 to 368,000 last week, the largest weekly increase November 2012.
In midday trading, the dollar index rose 0.3 percent to 80.164, rebounding after three days of losses.