MW: Dollar gains, Treasurys down after jobless claims
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar pared losses and Treasury prices remained under slight pressure on Thursday after a report showed 403,000 Americans filed first-time claims for jobless benefits in the latest week, a little higher than many analysts expected. The euro EURUSD -0.21% traded at $1.3771, down from $1.3810 before the data but up compared to $1.3745 in North American trading late Wednesday. The dollar index DXY -0.12% , which tracks the U.S. unit against a basket of six major rivals, pared its decline to 77.020 from 77.152 Wednesday. Yields on 10-year notes 10_YEAR -0.19% , which move inversely to prices, stayed up 2 basis points to 2.19%. Still to come is the data on manufacturing and home sales and the U.S. government's auction of 30-year inflation-indexed bonds.
