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Wysłany: Nie 10:52, 16 Sty 2011 Temat postu: Dollar dips as euro extends rebound |
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Dollar dips as euro extends rebound,nike air max 24/7 shoes
The U.S. dollar fell against major currencies in late New York trading on Thursday,cheap dunk heels, 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 max 95 boots, following Portugal's successful bonds auction a day earlier.
The euro climbed more than 1.5 percent against the dollar to near 1.34,Womens Nike Dunk SB Heels Low, extending its sharp rebound this week.The European Central Bank (ECB) president,nike dunk heels, Jean-Claude Trichet, at a news conference after the bank's Governing Council kept interest rates at a record low of 1 percent,air jordan women, said there is " evidence of short-term upward pressure on overall inflation,air penny shoes, mainly owing to energy prices."
His remarks drove markets' speculation that the ECB might raise interest rates,air jordan high heels, helping to uplift the euro.Meanwhile,discount nike air max 24/7, 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,cheap jordan heels,000 last week.
Ben Bernanke,air max 24/7, the chairman of the Federal Reserve,air jordan heels, said on Thursday that the U.S. economy is strengthening,nike air foamposite one, with three to four percent growth likely this year,jordan women boots, 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 shoes sale, the dollar bought 82.74 Japanese yen, comparing with 82.90 late Wednesday,ken griffey shoes, 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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