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Dollar dips as euro extends rebound,discount ken griffey shoes
The U.S. dollar fell against major currencies in late New York trading on Thursday,air max 24/7, 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,air jordan heels, following Portugal's successful bonds auction a day earlier.
The euro climbed more than 1.5 percent against the dollar to near 1.34,cheap nike air max 24/7, extending its sharp rebound this week.The European Central Bank (ECB) president,dunk high heels, Jean-Claude Trichet,air max 24/7 shoes, at a news conference after the bank's Governing Council kept interest rates at a record low of 1 percent,air jordan heels sale, said there is " evidence of short-term upward pressure on overall inflation,nike air half cent, mainly owing to energy prices."
His remarks drove markets' speculation that the ECB might raise interest rates,Nike SB Heels, helping to uplift the euro.Meanwhile,jordan heels, 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,discount nike air max 24/7, the chairman of the Federal Reserve,nike air foamposite one, said on Thursday that the U.S. economy is strengthening,cheap ken griffey shoes, with three to four percent growth likely this year,air penny 1/2 cent, 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,ken griffey for sale, the dollar bought 82.74 Japanese yen,nike air foamposite pro, comparing with 82.90 late Wednesday,discount dunk high heels, 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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