Euro slightly reduced growth of dollar after

Euro slightly reduced the growth of the dollar after the release of US unemployment data

The number of initial applications for unemployment benefits fell by 16 thousand. To 278 thousand. For the week ended January 23. Figure fell short of the forecast value – 282 thousand This was reported by the US Department of Labor..

Earlier, the index rose for three consecutive weeks, leading some analysts to speak of a possible deterioration in the labor market in response to the recent slowdown in economic activity.

A week earlier, the indicator value was 294 thousand (revised indicator.) – the highest level since early July. However, the level of this indicator remains very low by historical standards.

Euro slightly reduced the growth of the dollar after the publication of statistics. By 17:00 GMT, the euro / dollar was trading near $ 1.0917 compared with $ 1.0927 at the time of the news.

The dollar fell against major world currencies after yesterday’s Fed statement, which made clear that it takes a cautious stance and go in the near future to increase the rates.

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