The US dollar reduces its losses ahead of private-sector jobs data,

The US dollar reduced the decline during the European market on Thursday against most major currencies ahead of data, expected to show up, higher private-sector jobs in the United States during May, and monetary policy makers in the Council relies heavily on the improvement of labor market data to keep the implementation of raising interest rates during the cycle of this year.

By the time 11:40 GMT, the dollar index is trading around the level of 95.35 points from the opening level of 95.39 points, and recorded the highest level of 95.40 points and 95.14 points as the lowest level.

Index closed the trading yesterday, down by 0.4 percent, reflecting the stop of buying the US currency against most currencies, after concerns about the US jobs data, published on Friday overshadowed the positive data released yesterday in Washington showed the manufacturing sector acceleration during May.

By 12:15 GMT, the ADP index will be released to measure the new jobs in the private sector, and expected 174 thousand new jobs during May, compared with 156 thousand jobs during April.

And weekly Unemployment Claims will be released, and the expected 270 thousand applications for the week ending May 28 from 268 thousand the previous week.

on Friday and other data will be released for the US labor market, represented by the Non-Farm Employment Change, and the expected is 159 thousand in May from the previous reading of 160 thousand, the unemployment rate fell to 4.9% from 5.0% in April.