The Dollar strengthening continues currently ahead of the US Labor Department report at 16:30 CET expected to show 825 thousand Americans likely sought unemployment benefits over the last week, down from 884 thousand the previous week. The
live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, added less than 0.1% Wednesday as National Association of Home Builders reported builder confidence improved for September as the Housing Market Index rose to record high 83 from 78, and US retail sales rose below forecast 0.6% over month in August, following 0.9% gain in July.
EUR/USD continued its sliding yesterday as
GBP/USD continued climbing despite data showing annual inflation slowed sharply in August – to 0.2% after a 1% rise in July. Both pairs are lower currently.
AUD/USD continued climbing while
USD/JPY kept sliding yesterday with the dynamics reversed for
AUD/USD currently.