The U.S. dollar exhibited weakness against its peers on Thursday, reacting to data on private sector employment for the month of April, and unemployment claims in the week ended May 1.
According to the data released by the Labor Department on Thursday morning, first-time claims for U.S. unemployment benefits pulled back further off their recent record high in the week ended May 2nd, although claims remain at an elevated level and came in above economist estimates.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.