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Natural Gas, Cocoa Pop: Market Bits

The UK pound sterling was rising 0.3% against the dollar to $1.6324 and 0.4% against the euro to EUR 1.1309.

The United Kingdom's consumer confidence index rebounded to 44 in March from a record-low of 39 in a month ago.

But in the coming days, "the pound-dollar should continue to trend sideways going into the following week, and the majority of the MPC (Monetary Policy Committee) is likely to retain a neutral tone for future policy as the ongoing weakness in the real economy bears down on price growth," predicted Daily FX currency analyst David Song.

The Bank of England's policy meeting minutes is scheduled for release on Apr. 20.

CurrencyShares British Pound Sterling Trust (FXB) was rising 0.4% to $162.21 and CurrencyShares Euro Trust (FXE) was trading sideways at $143.80. PowerShares DB US Dollar Index Bullish (UUP) was falling 0.1% to $21.47.

U.S. Treasury notes were rising Thursday morning on negative economic news.

The two-year note was rising 0/32, pushing the yield down to 0.730%, the ten-year note was adding 4/32, lowering the yield to 3.443% and the 30-year bond was advancing 6/32, pushing the yield down to 4.533%.

The number of Americans filing new unemployment claims rose significantly more than expected last week, the Labor Department said early Thursday.

Prices at the wholesale level ticked higher in March, as rising energy prices exerted pressure on finished goods prices.

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