Dollar index holds losses after ADP U.S. August jobs data

NEW YORK (Reuters) - The dollar held its earlier losses versus a basket of currencies on Thursday as payroll processor ADP said U.S. private hiring came in stronger than expected in August, while it revised lower its job reading for July.

At 8:23 a.m. (1223 GMT), an index that tracks the greenback against the euro, yen, sterling and three other currencies <.DXY> was down 0.27% at 98.185. It touched a one-week low of 98.14 earlier Thursday.

(Reporting by Richard Leong)

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