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.
Since the admin of this web page is working, no question very rapidly it will be renowned, due to its quality contents.
They have been about for a extremely lengthy time and even in the previous had been utilized to know about the future. This is an essential time to get better organized near to house. Whatever you say will be taken in the wrong way.
Hurrah! Finally I got a web site from where I be able to actually get useful facts concerning my study and knowledge.
While this might be good for artists or writers, it could also direct to issues via someones off hand remark. A person associate with cups is most likely dark-haired and hazel eyed, and of a romantic disposition.
I do accept as true with all of the concepts you’ve offered in your post. They are really convincing and will certainly work. Nonetheless, the posts are very brief for novices. May you please extend them a little from subsequent time? Thank you for the post.
Thus primarily it’s your choice: you can easily inquire your veterinarian for a stronger drug that sedates your pet dog even more however may result in adverse effects, or you can work on the entire behavioral therapy procedure that has a lot longer yet works with the hiddening complication.
Hello, I do believe your site could be having internet browser compatibility problems. When I take a look at your blog in Safari, it looks fine however when opening in I.E., it has some overlapping issues. I simply wanted to give you a quick heads up! Aside from that, excellent site!
Very good post.Much thanks again. Great.
Your means of describing all in this paragraph is genuinely fastidious, every one be capable of simply be aware of it, Thanks a lot.
My developer is trying to persuade me to move to .net from PHP. I have always disliked the idea because of the costs. But he’s tryiong none the less. I’ve been using WordPress on various websites for about a year and am concerned about switching to another platform. I have heard very good things about blogengine.net. Is there a way I can transfer all my wordpress posts into it? Any help would be really appreciated!