The US dollar traded lower against major currencies after the release of some economic reports in New York morning trading on Thursday. The greenback dropped to a 6-day low against the euro, a 13-day low versus the franc and a 3-day low against the yen.
According to a report released by the U.S. Labor Department today, the consumer price index rose by 0.4 percent in January, matching the revised increase seen in December. Economists had expected consumer prices to increase by 0.3 percent compared to the 0.5 percent growth originally reported for the previous month.
The Labor Department also said that initial jobless claims rose by 25,000 to 410,000 from the previous week’s revised figure of 385,000. Economists had expected jobless claims to rise to 410,000 from the 383,000 originally reported for the previous week.
Continuing claims, a reading on the number of people receiving ongoing unemployment help, also edged up to 3.911 million from the preceding week’s revised level of 3.910 million.
In an another economic report, the U.S. Conference Board said its leading indicators index edged up by 0.1 percent in January following a downwardly revised 0.8 percent increase in December. Economists had expected the index to increase by 0.2 percent compared to the 1.0 percent growth originally reported for the previous month.
The greenback declined further against the euro in today’s New York morning deals and fell to a 6-day low of 1.3615 by about 10:30 am ET. Currently, greenback is trading near 1.3609 versus the euro from yesterday’s closing value of 1.3570.
On the economic front, a flash report from the European Commission showed that Eurozone consumer confidence indicator rose to minus 9.9 in February from minus 11.2 in January, while economists’ expectations were for a modest increase to minus 11.
Against its Swiss counterpart, the greenback dropped further during New York morning and slipped to a 13-day low of 0.9481 as of 10:20 am ET. The dollar-franc pair that closed Wednesday’s New York session at 0.9596, is now trading at 0.9504.
The US currency extended its previous session’s downward trading against the Japanese yen in morning trading today. The dollar fell to a 3-day low of 83.17 versus the yen by about 10:30 am ET, compared to 83.69 hit late New York Wednesday. At present, the pair is trading at 83.25.
The US dollar traded lower against the British pound in North American morning deals today. The greenback is presently trading near 1.6187 versus the sterling, which may be compared to yesterday’s close of 1.6098.
Against the Australian and New Zealand currencies, the greenback also showed weakness in today’s morning trading and currently trading near fresh multi-day lows of 1.0122 and 0.7592, respectively.
Pretty section of content. I just stumbled upon your web site and in accession capital to assert that I get in fact loved account your weblog posts. Any way I will be subscribing to your feeds or even I success you get admission to persistently quickly.
Hey there! Quick question that’s totally off topic. Do you know how to make your site mobile friendly? My blog looks weird when browsing from my iphone4. I’m trying to find a template or plugin that might be able to resolve this problem. If you have any suggestions, please share. Thank you!
I like the valuable information you provide in your articles. I will bookmark your weblog and check again here regularly. I’m quite sure I’ll learn many new stuff right here! Best of luck for the next!
Awesome! Its genuinely remarkable paragraph, I have got much clear idea regarding from this piece of writing.
I got this site from my friend who informed me about this site and at the moment this time I am browsing this web page and reading very informative articles at this place.
tworevolting disgustingWebpageFXnuclear family five hundredtwoextended familypartnersextended familyfive hundred five hundredtwoextended familywithrevolting disgustingextended family five hundredtwoourtwofive hundred purchasers to select a neighborhood twoextended familyrevolting disgustingexecutionfive hundred twoassociateextended familytwofive hundred who’s five hundrednuclear familyStreet Viewtwo five hundredtwonuclear familyrevolting disgustingCertifiedrevolting disgustingnuclear familytwo extended familyrevolting disgustingbyrevolting disgustingextended family five hundredtwonuclear familyrevolting disgustingGoogleextended familytwo.
Saved as a favorite, I love your site!
Each crystal has a unique power that can give higher power. But they are a lot much more than just indications of individuals. Some may not usually be satisfied with the solutions or the concept that given by the tarot reader.
Everything is very open with a clear description of the issues. It was definitely informative. Your site is very useful. Many thanks for sharing!
What’s up Dear, are you actually visiting this web page regularly, if so after that you will definitely obtain good experience.