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		Home Page News You Can Use Euro Attempts Small Rebound on Dollar Part two Analysts said these remarks fueled the euro/dollar reversal from its highs, with the market nervous of ECB intervention the closer the currency got to $1.30. "The dollar got a further boost from euro officials' remarks suggesting a need for intervention, but it's too early to say the dollar is on a genuine recovery path as there are no prospects of higher interest rates yet," said Tomoko Fujii, market and economic analysis director at Nikko Citigroup in Tokyo. However deputy Belgian central bank governor Luc Coene said on Thursday it was naive to think unilateral intervention by the ECB could change the tide but that it was "out of the question" that the United States would be willing to join in. The ECB holds a governing council meeting on Thursday but is not expected to discuss monetary policy. German data showed the economy grew an anaemic 0.2 percent in the fourth quarter of last year as consumer spending remained sluggish and the strong euro held back exports. US CALENDAR Weekly U.S. jobless claims are due at 8:30 a.m. EST, with forecasts for 353,000 new filings compared with 363,000 in the prior week. The Philadelphia Federal Reserve Bank releases its February business activity index at 1700. Forecasts are for a decline to 35.0 versus 38.8 in January. Several Federal Reserve officials are also scheduled to speak. The pound drifted 2-1/2 cents below the previous day's 11-year highs around $1.9140, while the Australian dollar was about a cent below seven-year highs around $0.80.   Back to Original Article: News You Can Use   Continue with: Jobless Claims in U.S. Decline to 344,000, More Than Economists' Forecasts One step closer to hydrogen economy? The escaping price of natural gas Stock funds swell by $60 billion
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