MW: Dollar down, Treasurys edge up after claims data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar pared gains slightly and Treasury prices edged up on Thursday after the U.S. Labor Department said 397,000 Americans filed first time claims for jobless benefits in the latest week, up more than some economists expected. A separate report showed the U.S. trade deficit widened more than seen. The euro (EURUSD 1.3810, -0.0093, -0.6689%) traded at $1.3820, versus $1.3811 before the data and still down from $1.3911 in late North American trading Wednesday. The dollar index (DXY 77.19, +0.47, +0.61%) , a measure of the U.S. unit against a basket of six major currencies, rose to 77.142, off slightly from 77.177 earlier, but an advance from 76.702 late Wednesday. The dollar was up before the U.S. data after Moody's Investors Service downgraded Spain. Yields on 10-year notes fell 2 basis points to 3.46%. Still to come is the U.S. government's sale of 30-year bonds (UST30Y 4.61, +0.01, +0.20%) .
