The US dollar slipped against most currencies on Thursday, as focus shifted to the upcoming US jobs report due on Friday.

The US Department of Labor revealed today that the unemployment claims fell to 1.18 million during the past week.

This comes ahead of the monthly jobs report on Friday, which provide better insight on the state of the US labor market, amid expectations for the addition 1.550 million jobs in July, and the unemployment rate to fall to 10.5%.

Coronavirus infections rose to 19 million confirmed cases globally, with a death toll of more than 700,000 victims, according to John Hopkins University data.

The dollar index fell against a basket of currencies by 0.1% to 92.7 points as of 17:26 GMT, after it hit a high of 93.08 and a low of 92.5.

Oil prices saw mixed performance on Thursday, as the US crude gave up its early gains, despite the US dollar falling against most major currencies.

The US Energy Information Administration (EIA) showed today that the US crude inventories fell 7.4 million barrels during the past week, beating forecasts of a drop by 4 million barrels.

The dollar index fell against a basket of currencies by 0.1% to 92.8 points as of 17:26 GMT, after it hit a high of 93.08 and a low of 92.5.

As of 17:19 GMT, West Texas Intermediate crude fell 0.4% to $42.03 a barrel, after it hit a high of $43.6 and a low of $41.6.

Brent rose 0.1% to $45.2 a barrel, with a high of $45.7 and a low of $44.8.

The New Zealand dollar rose on Thursday, to extend its gains after the release of strong jobs data that beat expectations yesterday.

Data showed today that the inflation expectations index rose 1.4% in July, vs. 1.2% in June.

New Zealand's AIG construction index rose to 42.7 points in July, vs. 35.5 points in June, and the unemployment rate fell to 4% in July vs. 4.2% in June, beating forecasts of 5.6%,

While the employment change reading showed a drop by 0.4%, also better than forecasts of a drop by 2%.

The New Zealand government did not reveal any cases of the coronavirus, as the country is one of the least with cases and deaths, after it has succeeded in containing the outbreak early.

As of 15:59 GMT, NZD/USD rose 0.1% to 0.6658, after hitting an intraday high of 0.667 and a low of 0.6627.

Copper prices fell on Thursday, despite the US dollar sharp drop against most currencies, while the market concerns about global output were renewed.

Investors are uncertain over the global demand recovery in the coming period, as the coronavirus crisis continues.

Copper futures on the London Metal Exchange (LME) fell to $4,371 per tonne, jumping $6,633/tonne on July, after easing the coronavirus-lockdown and restrictions, especially in China.

The dollar index fell against a basket of currencies by 0.1% to 92.8 points as of 14:00 GMT, after it hit a high of 92.9 and a low of 92.5.

Copper September futures fell 0.6% to $2.89 per pound as of 14:02 GMT, after hitting a session-high of $2.92 and a low of $2.88.