The Greenback was little changed following the jobless claims outcome, which saw initial claims higher than expected at 793k, and continuing claims lower at 4.545 mln. USDJPY sits over 104.65, while EURUSD idles near 1.2145. The USD had lost ground at the NY open, likely in reaction to the 2-year Treasury note hitting record lows. Equity futures continue to indicate a higher Wall Street open.
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Stuart Cowell
Head Market Analyst
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