MW:Dollar falls more, Treasury stay down after data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar extended a decline and Treasury prices stayed down on Thursday after a pair of reports showed first-time U.S. jobless claims fell more than forecast in the latest week and orders for durable goods improved more than seen in June. The dollar had already turned sharply higher and bond prices reversed a gain after European Central Bank President Mario Draghi reportedly made comments taken to "suggest that the ECB could soon take measures to help alleviate the selling pressure on the peripheral bonds," said currency strategists at Citi. The dollar index DXY -0.84% , which measures the greenback against a basket of six other major currencies, fell to 82.743, from 82.843 before the data and 83.573 late Wednesday in North America. The euro EURUSD +1.1511% rose to $1.2293, from $1.2152 Wednesday. Yields on 10-year notes 10_YEAR +1.43% , which move inversely to prices, rose 3 basis points to 1.44%. Coming up, the government will auction 7-year notes 7_YEAR +2.33% .
