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Forum Strona Główna Nasz button Dollar dips as euro extends rebound
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Temat postu: Dollar dips as euro extends rebound

Dollar dips as euro extends rebound,[link widoczny dla zalogowanych]
The U.S. dollar fell against major currencies in late New York trading on Thursday,[link widoczny dla zalogowanych], as the euro continued its rebound after solid European debt auctions.Spain attracted strong demand at an auction of 5-year bonds worth 3 billion euros on Thursday,[link widoczny dla zalogowanych], following Portugal's successful bonds auction a day earlier.
The euro climbed more than 1.5 percent against the dollar to near 1.34,[link widoczny dla zalogowanych], extending its sharp rebound this week.The European Central Bank (ECB) president,[link widoczny dla zalogowanych], Jean-Claude Trichet,[link widoczny dla zalogowanych], at a news conference after the bank's Governing Council kept interest rates at a record low of 1 percent,[link widoczny dla zalogowanych], said there is " evidence of short-term upward pressure on overall inflation,[link widoczny dla zalogowanych], mainly owing to energy prices."
His remarks drove markets' speculation that the ECB might raise interest rates,[link widoczny dla zalogowanych], helping to uplift the euro.Meanwhile,[link widoczny dla zalogowanych], U.S. jobless claims jumped to the highest level since October. The Labor Department said the number of Americans filing for first-time unemployment benefits rose unexpectedly to 445,000 from 410,000 last week.
Ben Bernanke,[link widoczny dla zalogowanych], the chairman of the Federal Reserve,[link widoczny dla zalogowanych], said on Thursday that the U.S. economy is strengthening,[link widoczny dla zalogowanych], with three to four percent growth likely this year,[link widoczny dla zalogowanych], but it won't reduce unemployment "at the pace we'd like it to."The dollar was hurt by the disappointing jobless data and fell broadly against major currencies on Thursday.
In late Thursday trading,[link widoczny dla zalogowanych], the dollar bought 82.74 Japanese yen,[link widoczny dla zalogowanych], comparing with 82.90 late Wednesday,[link widoczny dla zalogowanych], and the euro rose to 1.3350 dollars from 1.3132.The British pound also rose to 1.5843 dollars from 1.5767. The dollar fell from 0.9671 to 0.9634 against the Swiss franc, but rose to 0.9894 Canadian dollars from 0.9879.
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