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Dollar Stays Up, Treasurys Slip After Jobless Data
By: FOX News
Posted on May 03, 2012 at 08:41 AM EDT
The dollar gained and Treasury prices slipped further on Thursday after a report said U.S. jobless claims fell more than forecast to 365,000 in the latest week.

The dollar gained and Treasury prices slipped further on Thursday after a report said U.S. jobless claims fell more than forecast to 365,000 in the latest week. Yields on 10-year notes , which move inversely to prices, rose 1 basis point on the day to 1.95%, from 1.94% before the data. The dollar index , which measures the greenback against a basket of six other currencies, rose to 80.303, up from 79.151 in late North American trading Wednesday. The euro fell to $1.3122, from $1.3157 Wednesday. The data came as European Central Bank President Mario Draghi began his monthly press conference.

Copyright © 2012 MarketWatch, Inc.

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