The Labor Department said its jobless claims rose to
371,000 for the week ended January 5th from 372,000 in the previous
week. Economists had expected claims to drop to 362,000.
The US dollar edged higher against its major rivals after the report. As
of 8:35 am ET, the greenback was trading at 1.3115...
The Labor Department is scheduled to release its
jobless claims report for the week ended January 5th at 8:30 am ET.
Economists expect claims to have declined to 362,000 from 372,000 in the
previous week.
The US dollar held steady against its major rivals ahead of the report.
As of 8:25 am ET, the...
As widely expected, the European Central Bank left
the refinancing rate unchanged at 0.75 percent for a sixth successive
month in January.
The euro edged higher against its major rivals after the rate decision.
As of 7:47 am ET, the common currency was trading at 1.3110 against the
US dollar, 115.68...
The euro held steady against its major rivals ahead
of the European Central Bank rate decision, which is due to announce at
7:45 am ET.
The European Central Bank is unlikely to either cut rates further from
its current record low level or trigger any new unconventional measures
at its first rate-setting...
As widely expected, the Bank of England kept the
size of its bond buying program unchanged at GBP 375 billion and the
interest rates unchanged at record low 0.50 percent.
The pound held steady against its major rivals after the rate
announcement. As of 7:05 am ET, the sterling was trading at 1.6054...
The pound showed mixed trading against its major
rivals ahead of the Bank of England's rate decision, which is due to
announce at 7:00 am ET. While the sterling edged higher against the
dollar and the yen, it held steady versus its major European peers.
Policymakers of the Bank of England is set to...
Reversing direction, the U.S. dollar fell against
the Canadian dollar in European morning deals on Thursday.
The greenback is trading at 0.9859 against the loonie and the greenback
is likely to seek next downside target level at 0.98. The pair ended
Wednesday's trading at 0.9879.
The Japanese yen extended slide against other major
currencies on Thursday on expectations of more stimulus measures from
the Bank of Japan, when its holds next policy meeting later this month.
The BOJ board will hold next policy meeting on January 21 - January 22.
In a meeting of Japan's Council...
Extending slide, the Japanese yen fell against most
major currencies ahead of the European session on Thursday.
The yen is trading at 2-day lows of 115.21 against the euro, 95.31
against the franc and 141.32 against the pound. If the yen falls
further, it may break 116.00 against the euro, 96.00 against...
The New Zealand dollar extended early rally against
the U.S. dollar ahead of the European session on Thursday.
The kiwi climbed to a new 3-week high of 0.8416 against the greenback,
compared to yesterday's close of 0.8398. If the kiwi rises further, it
may break 0.845 level.
The Japanese yen continued its early slide against
the Canadian dollar in late Asian deals on Thursday.
The yen fell to a 3-day low of 89.39 against the loonie with 91.00 seen
as the next downside target level. The pair finished yesterday's deals
at 89.00.
In the Asian session on Thursday, the Malaysian
Ringgit strengthened against the U.S. dollar following country's
industrial production data that expanded more than forecast in November.
Data from the Department of Statistics showed that production rose 7.5
percent from a year earlier in November....
The Australian and New Zealand dollars firmed against their major
counterparts in the Asian session on Thursday, as better-than-expected
China trade data in December boosted investor sentiment.
The National Bureau of Statistics said China saw a merchandise trade
surplus of $31.6 billion in December....
The Indian rupee advanced against the U.S. dollar in
early deals on Thursday.
The rupee that closed Wednesday's deals at 54.755 against the greenback
approached 54.615, its highest level since January 4. The next upside
target level for the rupee is seen at 54.00.
The Australian and the New Zealand dollars advanced
against their major currencies in early Asian trading on Thursday after
the release of better-than-expected China trade data for December.
China posted a merchandise trade surplus of $31.6 billion in December,
the National Bureau of Statistics said...
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