Dollar rises from the minimum of 5 weeks, jobless claims support

Investing.com - The dollar rose against major currencies on Thursday, away from a five-week trough after the publication of upbeat jobless claims data from the US boosted optimism about the strength of the economy.The USD / JPY down 0.48% to 106.49.The Department of Labor He said the number of individuals who filed for unemployment insurance in the week ending June 4, 4000 decreased to 264,000 from the previous week total of 268,000, which was revised up from an initial reading of 267,000.Analysts had expected jobless claims increased by 3,000 last week 270.000.The greenback weakened earlier this week, as markets pushed back expectations on the timing of the next rate hike by the US central bank after the dismal labor report on Friday May, which showed that the rate of slower job growth since September 2010.A speech by Fed Chairman Janet Yellen said on Monday that interest rates will not rise until the uncertainty about the economic outlook is resolved.Yellen said he expects economic recovery to continue, but gave no indication of the date of an upcoming rate increase.The Fed raised interest rates for the first time in nearly a decade in December.EUR / USD fell 0.40% to 1.1348.The previous data showed an unexpected 0.2% drop in German imports in May, while exports remained stable.The fall in imports meant that the trade surplus widened to € 24.0 million from € 23.7 billion in March revised.Meanwhile, the president of the European Central Bank, Mario Draghi, warned Thursday that uncertainty about the future of the euro is holding back progress in the region.The comments came during a speech at the Brussels Economic Forum.The dollar rose against the pound and the Swiss franc, with GBP / USD down 0.24% to 1.4469 and equipped with a 0.26% to 0.9616 USD / CHF.The Office for National Statistics UK reported Thursday that the trade deficit of £ 3.29 million was reduced in April from a downwardly revised £ 3.53 billion in March, the lowest level since September 2015.But confidence in sterling remains fragile ahead of the June 23 referendum Brexit EU.The Australian dollar was weaker, with AUD / USD down 0.68% to 0.7438 while NZD / USD gained 0.32% to 0.7116, after hitting highs of 0.7147 a year.The kiwi strengthened broadly after the Reserve Bank of New Zealand kept interest rates steady, surprising some investors who expected a rate cut.Elsewhere, the USD / CAD rose 0.38% to 1.2741, away from the five-week lows of 1.2654 Wednesday.The US dollar index, which measures the strength of the greenback against a trade-weighted basket of six major currencies, rose 0.29% to 93.86, off five-week lows the previous session of 93, 41.