Thursday, 21 June 2007

Dollar Little Changed as Jobless Claims Are More Than Forecast in the U.S.

(Bloomberg) -- The dollar was little changed against
the euro and yen after a U.S. government report showed initial
jobless claims exceeded economists' forecasts last week.

The number of Americans filing first-time claims for
unemployment benefits gained to 324,000 in the period ended June
16, from a revised 314,000 during the prior week. The median
forecast of 41 economists surveyed by Bloomberg News was for a
total of 311,000. So far this year, weekly claims have averaged
319,000 compared with 313,000 for all of last year.


Read more at Bloomberg Currencies News

No comments: