Analysts said the dollar had upside against the euro since the latest inflation data in the euro zone bolstered the view that the ECB could boost stimulus measures.
While consumer inflation at 0.3 percent was unchanged from Eurostat's Sept. 30 estimate and met market expectations, Greece, Italy, Slovakia, Slovenia and Spain showed deflation in September on persistently depressed household demand.
U.S. Labor Department data showing the number of Americans filing new claims for jobless benefits fell to a 14-year low last week, meanwhile, drove home the view that the outlook for the United States remained positive compared to Europe.
Analysts said the dollar's rebound was limited as traders awaited comments from Fed officials Thursday. Philadelphia Fed President Charles Plosser said the market selloff was not yet significant enough to throw off the U.S. economy or to garner a response from the Federal Reserve.
The euro was last down 0.72 percent against the dollar at $1.2745 after hitting a high of $1.2885 Wednesday. The euro hit an 11-month low against the yen of 134.16 yen.
The dollar was last up 0.06 percent against the yen at 105.96 yen after hitting a low of 105.21 Wednesday.
The dollar was last up 0.68 percent against the Swiss franc at 0.9463 franc after hitting a three-week low of 0.9361 on Wednesday. The dollar index, which measures the greenback against a basket of six major currencies, was last down 0.07 percent at 85.085.
U.S. stocks fell again, with the S&P 500 stock index last down 0.61 percent, while Treasuries yields rose.
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