Euro rose in European trade for the third straight session against dollar amid doubts the US will be able to implement a new Covid relief package soon amid stubborn political divisions. 

EUR/USD rose 0.5% to 1.1839, after closing up 0.4% yesterday, the second profit in a row. 

The dollar index fell 0.3% on Thursday for another session amid US deadlock on reaching a financial relief package. 

US 10-year treasury yields fell off five-month highs at 0.698% as hopes for a Democratic-Republican deal on Covid relief recede. 

US President Donald Trump accused Democrats of refusing to negotiate with him on the package to contain the impact of the coronavirus as recriminations continue. 

Asian stock indices opened the fourth session of the week mixed, with China, Australia, and Hong Kong down, while Japan, New Zealand, and South Korea gained ground, following earlier Asian data while US talks on the Covid financial relief bill reach a dead end. 

Earlier Japanese data showed producer prices rose 0.6% in July, same as June, and besting estimates of 0.3%. 

Earlier Australian data showed an index tracking consumer confidence up 3.3% in August, improving from 3.2% in July, while unemployment hit 22 year high at 7.5%. 

Japan's TOPEX rose 1.10% to 1,623, while Nikkei 225 rose 1.88% to 23,272. 

China's CSI 300 shed 0.32% to 4,632, while Shanghai slipped 0.05% to 3,317. 

Hong Kong's Hang Seng inched down 0.24% to 25,183, while South Korea's KOSPI rose 0.80% to 2,451. 

New Zealand's NZX 50 rose 0.28%, while Australia's S&P/ASX 200 fell 0.71% to 6,088. 

Gold futures rose in Asian trade off July 23 for another session as the dollar index backed off August 3 highs, ahead of US data today while US talks on the Covid financial relief bill continue. 

As of 04:20 GMT, gold futures due in December rose 0.71% to $1,941 an ounce, while the dollar index inched down 0.10% to 93.28. 

From the US, unemployment claims for the week ending August 8 are expected down 66 thousand to 1.12 million, while continuing claims for the week ending August 1 are estimated down 209 thousand to 15.898 million. 

US import prices are expected up 0.6% in July, compared to a 1.4% increase in June, while the yearly version is expected to show a 1.7% decline. 

US President Donald Trump announced a $1.5 billion deal to buy 100 million doses of the Moderna Covid 19 vaccine. 

Russia has announced regulatory approval for a Covid 19 vaccine before full tests have been carried out, raising international alarm and doubts over its efficacy. 

The World Health Organization sounded the alarm as well and called for more studies for the vaccine. 

Otherwise, US and Chinese officials will be conducting talks on August 15 to review the first phase of the trade agreement and the next steps amid mounting tensions between both sides. 

USD/JPY tilted lower in Asian trade off July 23 highs for another session, following Japanese inflation data and ahead of US data today. 

As of 05:50 GMT, USD/JPY shed 0.22% to 106.68, with an intraday low at 106.60. 

Earlier Japanese data showed producer prices rose 0.6% in July, same as June, and besting estimates of 0.3%. 

From the US, unemployment claims for the week ending August 8 are expected down 66 thousand to 1.12 million, while continuing claims for the week ending August 1 are estimated down 209 thousand to 15.898 million. 

US import prices are expected up 0.6% in July, compared to a 1.4% increase in June, while the yearly version is expected to show a 1.7% decline.