Dollar lower across the board - FXStreet

FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik notes that the dollar remains weak on Thursday, falling after the rise in US jobless claims.

Key quotes

"The EUR/USD trades near its daily high of 1.3403, and with the hourly chart showing price advancing above its moving averages while indicators head north in positive territory, supporting the upward strength."

"In the 4 hours chart price advances above its 20 SMA that remains flat around 1.3370, while momentum grinds higher above its midline, supporting the shorter term view."