The dollar bounced back on Thursday following data showing the private sector in America added more jobs than expected in May, bolstering expectations for an interest rate hike this month.

The greenback climbed to a session high against its major rivals like the yen, euro, and Swiss franc following the jobs report, although it already traded higher ahead of the data following losses this week.

The ADP employment report showed employers added 253,000 jobs last month. Market participants had forecast the ADP report would show a gain of 185,000 jobs.

Interest rate futures after the data priced in a 96 percent chance the Federal Reserve would hike rates in June.

USD/JPY was up half a percentage point to 111.30 at the close of day, while EUR/USD dipped a quarter percent to 1.1212.

A report showing U.S. weekly jobless claims rising more than expected to 248,000 hardly mattered as investors focused on the strong ADP data.