US Dollar Strengthens on Initial Jobless Claims, Fed Minutes

May 24,2019 17:26   Source:Earnforex
The US dollar is strengthening against a few currencies at the end of the trading week, buoyed by another decline in initial jobless claims and a central bank that is unlikely to do anything on interest rates. But disappointing housing numbers put a cap on the buck’s ascent. According to the Bureau of Labor Statistics (BLS), the number of Americans filing for unemployment benefits tumbled by 1,000 to 211,000 in May. This is down from the previous week’s 212,000 and it […]

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