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MW: Dollar holds gains after U.S. data
 
By William L. Watts
0.60%0.40%0.20%0.00%-0.20%-0.40%
EURUSD USDYEN
LONDON (MarketWatch) -- The U.S. dollar held gains versus the euro (EURUSD 1.3382, +0.0020, +0.1497%) and the Japanese yen (USDYEN 83.4300, +0.2800, +0.3367%) after a slew of U.S. economic data Wednesday. The euro was down 0.2% versus the dollar at $1.3370. The U.S. unit was 0.2% higher verus the Japanese currency at 83.44 yen. The Labor Department said the number of workers filing initial claims for unemployment benefits fell 34,000 last week to 407,000. Separately, the Commerce Department said orders for U.S.-made durable goods fell a larger-than-expected 3.3% in October. Economists had forecast a 0.2% decline. The Commerce Department also reported that personal income rose 0.5% in October, topping forecasts for a 0.3% rise, while spending matched expectations with a 0.4% increase.
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