Greenback Boosted By Unemployment Claims Data

Forex News

The greenback has broadly risen after positive unemployment claims figures. The Labor Department reported, that the amount of citizens who filed for jobless benefits exceeded projections, lifting 24,000 to 242,000. The forecast, although, suggested 225,000. The US dollar index is up 0.25% at 90.00 around the maximum of 90.12. The currency also reinforced as the so-called “first battle of the US-China trade war” was finished. Tomorrow, the new Fed Chair Jerome Powell will deliver a speech and investors will await dollar’s reaction.

The Dollar/Yen pair increased 0.26% to 107.06. The Euro/Dollar dropped 0.18% at 1.2255. Cable fell 0.40% to close at 1.4023. Aussie/Dollar is down 0.36% to 0.7687. Kiwi/Dollar lowered 0.10% to trade at 0.7298.