Treasury - Daily Forex for day 04.05.2007

The dollar rose to a two-month peak against the yen and strengthened versus the euro on Thursday, the day before the closely-watched U.S. payrolls report for April, after solid U.S. data raised chances for a soft-lending in the U.S. economy. The Institute for Supply Management's U.S. non-manufacturing index grew to higher-than-expected 56.0 in April from 52.4 in March, while a separated report showed a surprising decline in U.S. jobless claims. Looking ahead, the analysts expect April non-farm payrolls due this afternoon to come out 100,000 after 180,000 in March.

The Czech unit failed to advance in line with other central European currency versus the euro on Thursday, trading almost flat near EUR/CZK 28.15.