Traders also had a chance to take a look at the Initial Jobless Claims report. The report indicated that 196,000 Americans filed for unemployment benefits in a week, compared to analyst forecast of 208,000. The job market stays strong, which is bullish for the American currency.

In case U.S. Dollar Index stays above the psychologically important 100.00 level, it will head towards the nearest resistance, which is located in the 100.50 – 100.65 range. On the support side, a move below the 99.85 level will open the way to the test of the support at 99.25 – 99.40.