MW:Euro up, Treasurys pare loss after Spain, U.S. dat
By Deborah Levine
SAN FRANCISCO (MarketWatch) -- The dollar lost ground after Spain delayed a release of a new budget and Treasury prices pared losses on Thursday after a trio of U.S. economic reports showed weekly jobless claims rose, durable-goods orders plunged last month and second-quarter gross domestic product was revised lower. The dollar index DXY -0.08% , which measures the greenback against a basket of six major currencies, briefly recovered after then data then declined to 79.714 from 79.840 in late North American trading on Wednesday. The euro EURUSD +0.0858% rose to $1.2883 from $1.2868. Yields on U.S. 10-year notes 10_YEAR +1.49% , which move inversely to prices, pared an increase to 2 basis points to 1.63%, after trading near 1.64% in earlier action.
