Skip to main content

US weekly claims mixed but USD/JPY lifts on better trade news

The latest US weekly jobless claims data has just now been released. The markets were expecting a slight increase in the latest reporting week, to around 210k, from a prior 204k. Claims actually rose to 207k. That is not a huge big deal and continuing claims were slightly lower than forecast. Also the latest US trade deficit is better than forecast. Bond yields have lifted slightly on this news and that has helped the dollar to rebound. The USD/JPY has risen back above 149 again following this news. It is just now trading at 149.02
 

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!