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.
My tip to help prevent any type of heel blisters from more recent treking boots is to
tape a rounded cosmetic squishy pad (found at
any buck shop by the bagful) under your good quality hiking socks.
Excellent article. Keep writing such kind of info on your page.
Im really impressed by your site.
Hey there, You have done an excellent job. I’ll certainly digg it and individually recommend to my friends.
I’m sure they’ll be benefited from this website.
To our Pro Data Startup series that is movie you will have access after the course showing you configure and how exactly to get your system that is charting.
I was wondering if you ever considered changing the structure of
your blog? Its very well written; I love what youve got
to say. But maybe you could a little more in the way of content so
people could connect with it better. Youve got an awful lot of text for only
having one or 2 pictures. Maybe you could space it out better?
We will additionally manufacture chains as per our purchaser’s specification and design.
We will explain the mental rollercoaster of trading employing live instances together with the six measures to trading success.
That way you will get a feel for that procedure and choose if trading forex is
for you personally.
When you get back home around 6.30 pm, you login to find
out how much cash you have made.
Your style is unique in comparison to other folks I’ve read
stuff from. Thank you for posting when you have the opportunity, Guess I’ll just book
mark this web site.
It’s this that most Forex Gurus make you think in. However In fact that is not liked by
its in any way.
Professional Picks obtain access to tactics immediately from our teachers, targets, including accessibility, and prevent
ideals for specific deals.
Before understanding just how to deal profitably the majority of
new Forex traders eliminate some or all their income.
Good post. I certainly love this website. Continue the good work!
Magnificent beat ! I would like to apprentice while you amend your site, how can i subscribe for a blog website?
The account helped me a acceptable deal. I had been a little bit acquainted of this
your broadcast provided bright clear concept
I like the helpful information you supply in your articles.
I’ll bookmark your weblog and test once more right here regularly.
I am reasonably certain I will learn lots of new stuff proper here!
Best of luck for the following!
Trading – to be able to consider very small profits, Many new professionals can place extremely limited requests.