Currency – The USD/CAD is unchanged after the digits

© Reuters. The greenback is stable

The u.s. dollar was almost unchanged against its canadian counterpart on Thursday, after the release of upbeat data on unemployment claims in the United States, the sentiment on the greenback remaining vulnerable before the main report on u.s. employment on Friday.

The USD / CAD is stable at 1,2317 at 9.30 am (13.30 GMT), just after the new low of four months of 1,2248 recorded on Wednesday.

In a report, the Department of Labor has indicated that the number of individuals having recourse to unemployment assistance during the week leading up to 27 January was down from 1,000 to 230,000. Analysts expected an increase to 238.000.

The greenback found support after the Fed signaled its confidence in the inflation and growth.

The Fed has stated that inflation is expected to increase this year, boosting the forecast of a rate increase for the presidency of Jerome Powell.

The Fed has maintained its interest rates unchanged Wednesday, as expected. The meeting was the last for the current Fed president Janet Yellen.

The operators of the markets await the non-farm employment on Friday in search of indications on the strength of the economy.

In addition, the canadian dollar has benefited from an increase in oil prices on Thursday, helped by news of a sharp drop in u.s. inventories of gasoline and distillates.

The loonie was lower against the euro, with EUR / CAD up 0.20% to 1,5324.

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