The dollar was hovering close to 12-year highs against the other
major currencies on Thursday, as investors awaited the European Central
Bank's policy statement due later in the day, as well as the weekly U.S.
report on jobless claims.
EUR/USD was steady at 1.1617. Sentiment on the single currency remained vulnerable as investors waited to see if the ECB would embark on an outright quantitative easing program on Thursday.
Uncertainty over the outcome of Greek elections, due to be held on Sunday, with anti-bailout party Syriza leading in the polls also weighed.
Earlier Thursday, official data showed that Spain's unemployment rate remained unchanged at 23.7% in the fourth quarter, confounding expectations for a slip to 23.6%.
The pound edged slightly higher against the dollar, with GBP/USD adding 0.19% to 1.5170.
The Confederation of British Industry reported on Thursday that its index of industrial orders expectations fell to 4 this month from a reading of 5 in December. Analysts had expected the index to remain unchanged in January.
Read more Click here / www.trade4x.net
EUR/USD was steady at 1.1617. Sentiment on the single currency remained vulnerable as investors waited to see if the ECB would embark on an outright quantitative easing program on Thursday.
Uncertainty over the outcome of Greek elections, due to be held on Sunday, with anti-bailout party Syriza leading in the polls also weighed.
Earlier Thursday, official data showed that Spain's unemployment rate remained unchanged at 23.7% in the fourth quarter, confounding expectations for a slip to 23.6%.
The pound edged slightly higher against the dollar, with GBP/USD adding 0.19% to 1.5170.
The Confederation of British Industry reported on Thursday that its index of industrial orders expectations fell to 4 this month from a reading of 5 in December. Analysts had expected the index to remain unchanged in January.
Read more Click here / www.trade4x.net
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