Forex wireless

New York trading Thursday, the U.S. dollar against the euro and the yen lower, after oscillating trend.
Two disappointing U.S. economic data on Thursday before the city triggered a large-scale dollar selling. The euro has been higher overnight, the euro zone inflation report to promote.
However, after the dollar rebounded as investors scheduled for Friday for the release of nonfarm employment to prepare for.
Forex.com, chief currency strategist Brian Dolan said that although the data is not expected to improve the people%26#39;s views on the U.S. economy, reflecting the dollar%26#39;s decline conditions may be considered to buy dollars, the opportunity to sell euros.
New York trading Thursday investors, the electronic trading system, the euro was 1.5598 U.S. dollars, to 1.5567 U.S. dollars late Wednesday. U.S. dollar against 107.85 yen and 108.13 yen late Wednesday. The euro was 168.24 yen and 168.28 yen late Wednesday. The pound was 1.9821 U.S. dollars, to 1.9809 U.S. dollars late Wednesday. U.S. dollar against 1.0475 Swiss francs, 1.0485 Swiss francs late Wednesday.
The euro advertising in the U.S. gross domestic product (GDP) data released after two days of exploration on the high points to 1.5701 U.S. dollars, the U.S. Department of Commerce (Commerce Department) announced that second quarter GDP growth of 1.9 percent, lower than the 2.3 percent increase in the Expected. At the same time last year, fourth-quarter GDP rose by 0.6 percent after the downward revision to decline 0.2 percent.
In addition, the U.S. Department of Labor (Labor Department) announced last week, the first time jobless claims rose to five-year high. However, the data is partly due to increased government extended unemployment benefits for time.
EU Statistical Office (Eurostat) released overnight, the 15 euro zone countries in July consumer price index (CPI) rose 4.1 percent, which has increased the European Central Bank (European Central Bank) interest rate increase later this year, the possibility of it Dollar.
However, investors Thursday in the euro dropped about 1 cents a share.
The dollar is to promote the Chicago Purchasing Managers index, the index rose in July, after the end of a period of decline. In addition, the European Central Bank report quoted unnamed sources as saying that euro zone interest rates may have peaked, which weakened the CPI data on the beneficial effects of the euro, boosted the dollar.
Brown Brothers Harriman currency strategist said Win Thin, the past few days positive dollar sentiment is also promoting the dollar%26#39;s rally may be one of the reasons why.
Meanwhile, the Australian dollar fell to 0.9399 U.S. dollars of the six-week low, the reasons for including the Australian economy show signs of slowing down, commodity prices fell and the dollar relatively strong overall performance.