Dollar index holds losses after ADP U.S. August jobs data

NEW YORK (Reuters) – The dollar held its earlier losses versus a basket of currencies on Thursday as payroll processor ADP (NASDAQ:ADP) said U.S. private hiring came in stronger than expected in August, while it revised lower its job reading for July.

At 8:23 a.m. (1223 GMT), an index that tracks the greenback against the euro, yen, sterling and three other currencies (DXY) was down 0.27% at 98.185. It touched a one-week low of 98.14 earlier Thursday.