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- Asian session: The dollar climbed
Asian session: The dollar climbed
Economic indicators due later on Thursday include the U.S. durable goods orders and jobless claims data. Upbeat readings would help support the case for the Fed to steadily tighten monetary policy.
The dollar climbed to a one-week high against a basket of currencies on Thursday while awaiting data due later in the session that could back some Federal Reserve officials' relatively optimistic views on the U.S. economy. The U.S. currency was on the front foot after St. Louis Fed President James Bullard added his support to the possibility of more U.S. interest rate hikes this year.
EUR/USD: during the Asian session the pair traded in the range of $1.1160-80
GBP/USD: during the Asian session the pair fell to $1.4085
USD/JPY: during the Asian session the pair rose to Y112.85
Based on Reuters materials
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