Commentary

Add as a preferred source on Google

USD review: Western Union

The dollar largely snapped back to bullish form on Thursday, helped in part by fresh jobs data that fared better than expected. Weekly jobless claims inched up to 291,000 from a revised 290,000 which was just below forec…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • The dollar largely snapped back to bullish form on Thursday, helped in part by fresh jobs data that fared better than expected. 

  • Weekly jobless claims inched up to 291,000 from a revised 290,000 which was just below forecasts of 292,000. 

  • By keeping under 300,000 for a second straight week, it was consistent with the job market heading in the right direction, keeping the Fed on course to raise interest rates this year.

Related articles

View all