Strong Data Helps Dollar Firm – 11 April, 2019

Strong U.S. labour data helped the dollar firm, with filings for U.S. jobless benefits dropped to an almost 50 year low. Against a basket of major currencies, the dollar index was steady at 97.166, having climbed 0.25 percent the previous session. Against the yen, the dollar was little changed at 111.72 yen, gaining 0.6 percent overnight. After dipping 0.25 percent the previous session to a firmer dollar, sterling was steady at $1.3053. The Australian dollar, having fallen by 0.7 percent yesterday, dipped an additional 0.1 percent to $0.7117. The euro gained 0.1 percent to $1.1262 to help claw back some of the 0.2 percent lost the previous day.