MW: Dollar rises more, Treasurys stay down after data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar extended gains and Treasury prices remained lower on Thursday after a report showed U.S. first-time jobless claims rose less than forecast to 401,000 in the latest week. The dollar index DXY +0.49% , which tracks the performance of the greenback against a basket of six major currencies, rose to 79.423, from 79.371 before the data and from 78.968 in late North American trading on Wednesday. The euro fell to $1.3274 from $1.3347 late Wednesday, after the European Central Bank kept interest rates steady and as ECB President Jean-Claude Trichet began his news conference. Yields on 10-year notes 10_YEAR +2.90% , which move inversely to prices, rose 5 basis points to 1.95%.
