Dollar rises against world currencies on upbeat US data

On Thursday, the dollar rose against major currencies, rebounding from a five-week low, following the release of upbeat report on the number of applications for benefits in the US unemployment, which have raised optimism about the US economy.
Pair USD/JPY fell 0.50% to 106.45.
The US Labor Department reported that the number of people who applied for unemployment benefits for the week ending 4 June declined by a seasonally adjusted 4,000 to 264,000 from 268,000 the previous week, which was revised to 267,000.
Analysts expected an increase of 3,000 to 270,000.
The dollar weakened earlier this week, as markets revised expectations for timing of the next rate hike by the US central bank after on Friday data showed that the US economy has created just 38,000 jobs last month, which was the lowest growth in the number of employed from September 2010.
On Monday, Federal Reserve Chairman Janet Yellen said, that the US central bank does not intend to raise interest rates, while the uncertainty of the economic outlook in the United States remains.
Yellen also expects, that the US recovery will continue, but did not specify the possible timing of the next rate hike.
In December, the Fed raised interest rates for the first time in nearly ten years.
The EUR/USD fell by 0.72% to 1.1313.