Foreign exchange market. American session: the U.S. dollar traded mixed against the most major currencies after the U.S. economic data

The U.S. dollar traded mixed against the most major currencies after the U.S. economic data. The Labor Department released initial U.S. jobless claims. Initial U.S. jobless claims dropped by 2,000 people to 312,000 last week. That is a sign of an improving labour market.

The previous week's figure was revised upward by 2,000 to 314,000. Analysts had expected an increase by 2,000 to 314,000.

Personal incomes in the U.S. increased by 0.4% in May, missing expectations for a 0.5% gain, after a 0.3% rise in April.

Personal spending in the U.S. rose 0.2% in June, missing forecasts of a 0.4% increase, after a 0.1% decline in May.

The core PCE (prices paid for consumer goods excluding food and energy), Fed's preferred measure of inflation, climbed at annual rate by 1.5% in May, missing expectations for a 1.7% gain, after a 1.4% rise in April.

On a monthly basis, core PCE increased 0.2% in May, in line with expectations.

The euro declined against the U.S. dollar in the absence of any major economic reports.

The British pound traded lower against the U.S. dollar. The BoE plans to cap mortgages beginning from October. Lenders must limit the proportion of mortgages at 4.5 times income to no more than 15% of their new home loans.

The Bank of England Governor Mark Carney said the recovery in the U.K. economy is strengthening. But he added the housing market is the main risk to financial stability.

The New Zealand dollar traded slightly lower against the U.S dollar in the absence of any major economic reports in New Zealand.

The Australian dollar traded lower against the U.S. dollar. The number of job vacancies in Australia increased 2.5% in March-May, after a 2.8% gain in December-February.

The Japanese yen rose against the U.S. dollar in the absence of any major economic reports in Japan.