By | February 18 2010 6:48 AM

The green currency inclined against majors before the release of Philadelphia Fed, leading indicator, and jobless claims later on today. If the news showed improvement this will add to signs of recovery after the upbeat figures released yesterday which raised speculations the FED may raise the cost of borrowing faster than other central banks. The dollar index, which tracks the dollar movements versus a basket of major currencies, surged to 80.57, continuing yesterday's 0.1% advance.