MW: Dollar pares loss, bonds fall more after U.S. data
By Deborah Levine
SAN FRANCISCO (MarketWatch) -- The dollar pared losses and Treasury prices fell more on Thursday after a report showed U.S. first-time jobless claims dropped more than expected to 335,000 in the last week. Separately, housing starts rose to a 954,000 pace in December. The ICE dollar index DXY -0.19% , which measures the greenback against a basket of six major currencies, traded at 79.673, versus 79.588 before the data and up from 79.807 in the prior session. The euro EURUSD +0.44% rose to $1.3357 compared with $1.3288 in North American trade late Wednesday. Yields on 10-year notes 10_YEAR +2.52% , which move inversely to prices, extended a rise to 4 basis points to 1.87%.
