Bisnis.comJAKARTA- American dollars strengthened against a basket of other major currencies in late Friday morning WIB trading, as data showed jobless claims fell again last week.

Number of Americans applying for benefits unemployment fell last week from 10,000 to 230,000 for the week ending August 19, the US Department of Labor reported Thursday (8/24/2023).

The US dollar jumped after the data release. The dollar index, which measures the greenback against six other major currencies, rose 0.55 percent to 103.9863 late in the session.

Past President’s Previous Comments Federal Reserves St. Louis James Bullard said further acceleration could increase pressure on inflation, making it impossible for the Fed to start easing its inflation rate. interest rate Soon.

Additionally, the Chicago Fed National Activity Index released on Thursday (8/24/2023) rose to 0.12 in July from -0.33 in June. A figure greater than zero indicates that economic activity is growing above the average historical trend.

Meanwhile, the Jackson Hole symposium is underway and investors are eagerly awaiting the first speeches from top central bankers from the world’s most advanced nations, including Fed Chairman Jerome Powell’s, scheduled for Friday morning.

At the end of trade in New York, the euro fell to US$1.0809 from US$1.0858 in the previous session, and the pound fell to US$1.2607 from US$1.2716 .

The US Dollar bought 145.8610 Japanese Yen, higher than 144.7830 Japanese Yen in the previous session. The US dollar fell from 0.8778 Swiss francs to 0.8845 Swiss francs, and to 1.3575 Canadian dollars against 1.3542 Canadian dollars. The US Dollar strengthened to 10.9889 Swedish Krona from 10.9193 Swedish Krona.

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