Forex: The Dollar declined following the news out of the US in the economic calendar


© Reuters.

Investing.com – The greenback slid on Thursday after the number of people who filed for unemployment rose more than expected last week.

The Dollar Index, which measures the greenback’s strength against a basket of six major currencies, was down 0.07% to 97,790 at 1655 hours.

The data showed that the number of jobless claims posted their biggest increase in 19 months last week, even if the trend remains consistent with a strong labour market.

Other data showed that new orders for capital goods manufactured in the United States have reached their highest level in eight months in march, but shipments declined due to the slowdown of business expenditure.

The Dollar fell against the Yen, with USD / JPY down 0.1% to 111,72 after the Bank of Japan announced that it would probably not be the interest rate before at least a year.

The Euro has barely recovered from the recent low, after investigations to be disappointing for companies in Germany and France. EUR/USD slipped 0.2% to 1,1164, a level not seen since may of 2017. GBP/USD rose slightly to 1,2908, while USD/CAD was 1,3486.

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