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Rise in US jobless claims eclipses better Philly index-USD/JPY slips

The latest Philadelphia Fed index has just been released and it was some way better than forecast (13.9 versus expected 2.9) but at the same time, the latest weekly jobless claims numbers were not so good. They rose to 243k, where 230k was forecast and it seems that has dented the dollar. There is more US data at 2pm GMT (Richmond Fed index) which might have a more positive impact, if above forecasts, but for now the claims numbers have pushed the USD/JPY back down from an earlier rebound to above 156.50. The USD/JPY is just now trading at 156.27
 

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