Rise Forex-US dollar rose against the yen on Thursday and slipped against other major currencies, after official data showed that initial claims for unemployment declined significantly more than expected last week.
In European afternoon trading, the dollar extended its gains against the yen, USD/JPY rose by 0.42% to 78.50.
US Department of labor said the number of individuals who have applied for initial unemployment benefits last week dropped by a seasonally adjusted 30,000 to 339, 000 compared with expectations for an increase of 1, 000 to 370, 000.
Modified the previous week's figure of up to 369, 000 from 367, 000 previously.
Also strengthened sentiment on the euro amid optimism that lower ratings on Spain by standard and poor's rating agency would force the country to request rescue official.
Reduced s & p rated to Spain from BBB plus (+) to BBB minus (-) with negative expectations Wednesday evening, citing "increased risks about funding the Spanish General.
Rating Agency warned that the ability of Spanish political institutions to deal with the challenges and the current crisis, financial and economic decline.
The standard and poor's rating agency step consistent with Moody 's, lowered the rating on Spain in June.
Rating Agency warned that the ability of Spanish political institutions to deal with the challenges posed by declining ...
The Bank of Japan has increased the size of the asset purchase programme to 10 trillion yen last month.
The dollar slipped against the euro, with the euro/dollar by 0.41% to 1.2927.
Also strengthened sentiment on the euro amid optimism that lower ratings on Spain by standard and poor's rating agency would force the country to request rescue official.
Elsewhere, the dollar rose versus the pound slipped against the Swiss franc, with the decline of GBP/USD ratio 0.26% to score 78, 50 dollar/franc rate 0.50% to score 0.9344.
The dollar extended its losses against the Canadian and Australian counterparts, with the New Zealand dollar/Canadian by 0.54% to 0.9764, rising Aussie/dollar by 0.51% to score New Zealand woartvaa 1.0286/dollar by 0.31% to score 0.8188.
In Canada, official data showed that the trade deficit narrowed to 1.3 billion Canadian dollars in August, compared with expectations for a deficit of 2.0 billion Canadian dollars.
The Australian dollar remained supported after data showed the country's economy added 14,500 jobs in October, defying expectations of an increase of $ 3, 800.
The nation's unemployment rate rose to 5.4% in September, compared with expectations for an increase of 5.3%, from 5.1% in August.
The dollar index, which measures the greenback's performance against a basket of six other major currencies, rose 0.20 percent to 79.84.
Later in the day, the United States published official data on inventories of crude oil.
