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Dollar Rallies on Upbeat U.S. Economic Data


Friday, 19 April 2019 03:04 WIB

DOLLAR Indeks Dolar


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The U.S dollar jumped against its rivals on Thursday as mostly upbeat economic data pointed to strength in the underlying economy

The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.50% to 97.14.

The U.S. Department of Labor reported Thursday that initial jobless claims dropped by 13,000 to a seasonally adjusted 192,000 for the week ended April 14, beating economists’ forecast for a rise to 205,000.

EUR/USD fell 0.57% to $1.1230. GBP/USD lost 0.42% to $1.2988, shrugging off better-than-expected U.K. retail sales data amid fears that U.K. Prime Minister Theresa May and opposition leader Jeremy Corbyn are unlikely to reach a consensus a Brexit deal. USD/JPY fell 0.10% to Y111.94, while USD/CAD rose 0.30% to C$1.3378.

Source : Investing.com


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