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Dollar mixed as US jobless claims await- EUR/USD on session highs
Very shortly at 1.30pm we will get the latest US weekly and continuing jobless claims. The markets are not really anticipating much of a change in the number of weekly claims, with the estimate at around 215k, compared to a prior number of 213k. This data will also have no bearing on the monthly jobs report tomorrow, as it falls outside of that reporting window. Also out at 1.30pm GMT is the latest monthly US and Canadian trade data. Ahead of this the dollar is rather mixed. It is higher versus the Yen, but lower versus the Euro and the Pound. Of course that means both the EUR/JPY and GBP/JPY have advanced a bit further today, helped by the positive risk dynamics in place across the European stocks and US stock futures. The EUR/USD is right now on session highs as it presses very close to the 1.0550 mark
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