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FOREX-Dollar Rises After Claims Data, Bitcoin Climb Continues

November 21, 2024, 11.34 PM | Source: Reuters
FOREX-Dollar Rises After Claims Data, Bitcoin Climb Continues

ILUSTRASI. Bitcoin (virtual currency) coins placed on Dollar banknotes, next to computer keyboard, are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration/File Photo

FOREX - NEW YORK. The dollar rose in choppy trading on Thursday as investors assessed the latest data on the labor market and comments from Federal Reserve officials for the path of interest rates, while bitcoin continued its march toward the $100,000 level.

Weekly initial jobless claims dropped 6,000 to a seasonally adjusted 213,000, a seven-month low, and below the 220,000 estimate of economists polled by Reuters, indicating job growth rebounded after being disrupted by hurricanes and labor strikes last month.

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