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.
If you would like to improve your experience only keep visiting this web page and be updated with the most up-to-date news posted here.
Appreciate you sharing, great blog.Much thanks again. Really Great.
There are numerous coating and discolor item possibilities in the Calgary location, as well as your task supervisor will certainly be actually much more than willing to stroll you through the choices before art work starts.
No longer would you be able to use your energy-based appliances at home anytime you want to, at your own convenience. If you are planning a new home, well you can simply layout a master bathroom into your architectural plans much easier. Outdoor hot tubs are an indispensable aspect to the back yard oasis.
We all know the benefits of wholesome dwelling but it’s great to have a post like this that reminds even the most effective of us to live and feel healthy. This hub may be a superb supply of inspiration and motivation for anybody who is making an attempt to loose weight.
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why waste your intelligence on just posting videos to your blog when you could be giving us something informative to read?
Hi there, just became aware of your blog through Google, and found that it is really informative. I’m gonna watch out for brussels. I will be grateful if you continue this in future. Numerous people will be benefited from your writing. Cheers!
She continues to lecture to households and care professionals on all elements of Alzheimer’s care.
Providers embody long term care, expert nursing , special care unit, assisted living, independent living, memory care and adult day care program.
His work has actually seemed in different online publications, consisting of The Dark Table, Proboxing-Fans and also others.