The number of Americans filing new claims for unemployment benefits last week hit its highest level since late 2021, indicating that rising interest rates are starting to weigh on the job market.
However, the labor market remains strong, with 1.6 jobs created for every unemployed person in March.
The dollar index, which measures the performance of the US dollar against six major currencies, hit 101.92, up 0.7%.
As for the pound, which pared its losses earlier after the Bank of England raised interest rates for the twelfth consecutive time, it fell 0.8% to $1.2522.
The euro hit $1.0904 in its last trade, down 0.6%, and fell to its lowest level in three weeks, after Chinese data showed more signs of a slowing recovery. post Corona.
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