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Important data on the agenda later today- EUR/USD battling to hold onto 1.13

Later today we do get some pretty important US data ahead of the monthly jobs report tomorrow. That starts with the usual weekly jobless claims data at 12.30pm GMT. So, far all the bad news from DOGE and cuts there, together with the latest JOLTS numbers over the past few months has yet to show up with any significant increase in the number of continuing jobless claims, or on any weekly count for that matter too. So, increasingly this data might become important, if we see any dramatic rise in either count. Today the markets expect a number around 224k, compared to 222k in the previous reporting week. Then at 2pm GMT we get the April ISM manufacturing index. That is expected to fall slightly, to 48 from 49. There are a lot of moving parts to that report and they will be covered here when the data is released. Ahead of all this the dollar is still on the front foot this morning, but right now off its best levels versus the Yen and the Euro and Pound. The EUR/USD has tried the downside below 1.13 a few times now, but so far held onto levels just below 1.1290. It is currently trading at 1.1309
 

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