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U.S. Dollar Jumps After Strong Jobless Numbers


Thursday, 4 April 2019 23:15 WIB

Indeks DolarUSDGBP/USD


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The greenback surged on Thursday as the number of people who filed for unemployment assistance fell to an almost-50-year low last week, increasing hope that the economy is not slowing down.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.2% to 96.887 as of 10:53AM ET (14:53 GMT).

The dollar rose against the safe-haven yen, with USD/JPY gaining 0.1% to 111.55.

Meanwhile, a spokesman for Prime Minister Theresa May conceded that a clear plan is unlikely before an EU summit on April 10.

The U.K. had originally been due to leave the EU on March 29, but the deadline was pushed back to April 12 to allow the U.K. parliament more time to approve the withdrawal agreement, which now looks highly unlikely.

GBP/USD slumped 0.5% to 1.3093.

Elsewhere, USD/CAD rose 0.1% to 1.3348 and EUR/USD fell 0.2% to 1.1216.

Source: Investing.com


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