Euro climbs as dollar wavers

Euro rose on Thursday as trading volumes grew thin in the markets, while the dollar wavers, helping the common currency gain ground, but the moves were quite weak.
 
EUR/USD last traded at 1.0458, up from the opening of 1.0415, with an intraday high at 1.0480, and a low at .10414.
 
Euro returned higher on Thursday after falling yesterday, as the dollar weakened against main currencies, helping the euro recover according to their inverse relation.
 
Earlier U.S. data showed unemployment claims down to 365 thousand in the week ending December 24, compared to the previous reading's 275K, while analysts expected 277K.
 
However, the positive data failed to prop up the dollar against major rivals after falling yesterday, while the better inflation outlook in the Eurozone helped the euro recover as the European Central Bank could alter its stimulus program accordingly.