FXstreet.com (Barcelona) - U.S. markets have opened Thursday's session on a sell tone, as U.S. jobless claims data added concerns arisen by housing figures on Wednesday about the strength of U.S. economic recovery. Dollar and yen are favoured by risk aversion.
Dow Jones Industrials Index dips 0.5%, while the Nasdaq Index declines 1.4%, and the S&P Index drops 1.2% in the first minutes of Thursday's session.
In the macroeconomic domain, U.S. Initial jobless Claims have remained unchanged at 505.000 on the week of November 14, yet a fairly high level, which shows U.S. economy's difficulty in create labor. Continuing claims have fallen by 39,000 to 5,611,000 on the week of November 7.
Dollar and Yen strengthen
EUR/USD decline from 1.4995 high on Wednesday has reached a session high at 1.4845, and the pair attempted to pick up, although it was halted at 1.4890 and pulled down to 1.4860 area on the back of negative Wall Street opening.
GBP/USD continues weakening and reversal from 1.6845 high on Wednesday has reached levels below 1.6625, hitting, at the moment of writing, a fresh session low at 1.6612.
USD/JPY was capped on Wednesday at 89.55 high and the pair has remained trending lower during Asian and European sessions to launch an assault to 88.70 support level at the moment of trading.