KUALA LUMPUR: The ringgit opened firmer against the US dollar and other major currencies on Wednesday, supported by a softer greenback following...
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Maroc - FINANCIALMIRROR.COM - A La Une - 12/Feb 16:50
Jobless claims dent dollar, despite soft UK GDP
The Pound Sterling rallied during the North American session on Thursday against the dollar after new jobs data in the US contradicts a stellar nonfarm payrolls report released a day earlier. The UK economy grew weaker than expected, yet the British pound continues to trade with gains, with GBPUSD at 1.3664, up 0.28%. The pound modestly outperformed the euro, with the EURGBP cross trading near 0.8710. The greenback extended losses after the latest Initial Jobless Claims report from the US Department of Labor witnessed a slight rise. Claims for the week ending February 7 rose by 227,000, down from a
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