FXstreet.com (Barcelona) - The Dollar has dipped against its main rivals as initial jobless claims having declined well beyond expectations in the week of November the 7th.

Initial jobless claims have declined by 12 K in the week of November 7th to 502K, well beyond the 2K decline forecasted by market analysts, while continuing claims have dropped by 139K to 5,631K in the week of October 31st.

EUR/USD has extended its rebound from 1.4903 session low, and the Euro rose from 1.4920 level before jobless data was released, to 1.4940 some minutes later. GBP/USD has bounced from 1.6550 to 16570 right after jobless data, and the USD/JPY has bounced from 90.12 to 90.25 resistance area, to withdraw later to levels around 90.15.

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