Forex Top Story

Dollar Gains Against Major Counterparts

The U.S. dollar firmed against most of its major rivals on Thursday, rebounding from recent losses, as concerns about inflation and supply chain disruptions pushed up the demand for the safe haven currency.

Data showing an unexpected drop in U.S. jobless claims in the week ended October 16th, and a report showing a bigger than expected increase in existing home sales supported the dollar.

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by RTTNews Staff Writer

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