Euro tumbles to lowest this week

Euro slid against the dollar on Thursday to its lowest level this week as the dollar kept rising versus major rivals, which raised pressure on the common currency, hammering it lower. 

EUR/USD last traded at 1.1393, compared to the opening of 1.1489, with a session-high at 1.1493, and a low at 1.1387, which comes after the pair hit an eight-month peak earlier this week at 1.1615. 

Euro's losses come as the dollar kept rising and rebounding from a 15-month low against a basket of rivals, prodding the euro lower, which failed to find support from earlier economic data from the Eurozone. 

On the other hand, the dollar has managed to gain further ground against major peers despite weak unemployment claims data, which came above expectations, showing a pressured labor sector last month. 

The dollar index, which gauges the U.S. currency's performance against a basket of six major counterparts, last traded at 93.81, compared to the opening of 93.23, with a week high at 93.84, and a session-low at 93.17, which comes after the index touched a 15-month nadir earlier this week at 91.90.