Forex - Dollar trims losses but remains weak after U.S. data miss

The dollar trimmed losses against other major currencies on Thursday, but remained under pressure after the release of downbeat U.S. economic reports and as geopolitical tensions around the world continued to weigh.
EUR/USD was upward 0.36% at 1.0750, just off a three-and-a-half week high of 1.0776 hit overnight.
The U.S. Department of Labor said initial jobless claims increased by 10,000 in the week ending April 15 to 244,000 from the previous week’s total of 234,000. Analysts expected jobless claims to rise by 8,000 to 242,000 last week.
Comment Your No. For Free Signals

Comments