Forex Pros &ndash; The euro trimmed gains against the U.S. dollar on Thursday, easing off a seven-day high amid concerns over the region’s sovereign debt crisis but the single currency remained supported by expectations for a rate hike by the European Central Bank next month.<br /><br />EUR/USD eased back from 1.4233, the pair&rsquo;s highest since March 22, to hit 1.4177 during U.S. morning trade, up 0.36% on the day.<br /><br />The pair was likely to find support at 1.4051, Wednesday&rsquo;s low and short-term resistance at 1.4247, the high of March 22 and a four-month high.<br /><br />The euro dipped after the European Central Bank said that it would not announce new liquidity measures for Irish banks.<br /><br />Earlier in the day, Eurostat said a preliminary estimate showed that the annual rate of consumer price inflation jumped to 2.6% from 2.4% in February, the highest level since October 2008 when the rate was 3.2%. <br /><br />Analysts had expected euro zone CPI to remain unchanged in March.<br /><br />Meanwhile, official data showed that the number of German people out of work fell to the lowest level since June 1992 in March, lowering the unemployment rate to 7.1% from 7.3% the previous month.<br /><br />The euro was also higher against the pound, with EUR/GBP climbing 0.62% to hit 0.8845.<br /><br />Also Thursday, the U.S. Labor Department said initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 388,000. Analysts had expected claims to drop to 380,000.<br /><br />The prior week’s figure was revised up to 394,000 from the previously reported 382,000.<br /><br />A separate report showed that U.S. factory orders declined unexpectedly in February.<br /><br /><br /><br />

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