The dollar gained on major rivals Thursday, even after the Federal Reserve hinted they will delay hiking U.S. interest rates until the second half of next year.
Th Fed said yesterday it «can be patient» about the timing of its first rate hike, with Chair Janet Yellen adding that policy makers are unlikely to tighten at their next few meetings.
Still, with the U.S. economic recovery on pace, traders continue to find the dollar more attractive then most other currencies.
The buck rose to $1.232 versus the euro, not far from a recent 28-month peak near $1.22.
Modest gains took the buck to Y118.75 versus the yen, edging back toward December's 7-year peak of Y122.
A strong advance early in the day took the dollar to $1.567 versus the sterling.
Initial jobless claims in the U.S. unexpectedly saw a modest decrease in the week ended December 13th, according to a report released by the Labor Department on Thursday.
The Labor Department said jobless claims slipped to 289,000, a decrease of 6,000 from the previous week's revised level of 295,000.
In other news, The European Central Bank announced on Thursday that it will publish the minutes of its monetary policy meeting, starting next month, although it opted not to reveal the votes of individual members of the rate-setting body.
The material has been provided by InstaForex Company – www.instaforex.com