The dollar is climbing back

Screen Shot 2016 12 08 at 8.08.59 AM
Screen Shot 2016 12 08 at 8.08.59 AM

(Markets Insider)

The dollar is climbing back after starting off the morning under pressure.

The US dollar index is back up over 100 as of 8:08 a.m. ET, after earlier being down all major currencies by as much as 0.4%.

On the data front, initial jobless claims will be out at 8:30 a.m. ET.

As for the rest of the world, here's the scoreboard as of 8:06 a.m. ET:

  • The euro is little changed at 1.0756 against the dollar after a topsy-turvy morning, which saw the currency first strengthen and then tumbled against the greenback. The European Central Bank extended its quantitative easing programme beyond its current horizon of March 2017, noting that it will keep buying up eurozone corporate and government debt until at least December 2017. The bank also left its key interest rate unchanged.

  • The Japanese yen is down by 0.1% at 113.93 per dollar. Separately, Japan's final third quarter GDP was revised sharply lower, coming in at 1.3% compared to the initial reading of 2.4%. "Spare capacity is narrowing and we still expect the Bank of Japan to remain on hold for the foreseeable future," wrote Marcel Thieliant, senior Japan economist, at Capital Economics in a note.

  • The Russian ruble is down by 0.3% at 63.4143, while Brent crude oil, the international benchmark, is up by 0.7% at $53.35 per barrel.

  • The British pound is up by 0.3% at 1.2666 against the dollar.

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