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USD/JPY edges to fresh session after US jobless claims rise slightly above forecasts
The US weekly jobless claims numbers have just been released. As explained here earlier, the markets were forecasting a slight rise to 220k, from a prior reading of 217k. Claims have actually risen to 223k. The continuing claims number is also a bit higher than forecast. The USD/JPY had fallen back again ahead of this release and was close to session lows and it is right now testing that after this data, around 156.20
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The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
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USD/JPY rises above 150 following very contrasting US PMI reports
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
