US initial jobless claims 222K vs 240K estimate

Continuing claims 1888K vs 1890 estimate.

• US initial jobless claims 222K vs 240K estimate
• Prior week revised to 244K from 243K last week
• 4-week average fell to 248.25K vs 257.75K
• Taking procedures are still severely disrupted in Puerto Rico, Virgin Islands due to hurricane related power outages, infrastructure damage
• Continuing claims 1.888M vs 1890K est. Last week revised to 1904K vs 1889K
• The largest increases in initial claims for the week ending October 7 were in California (+4,500), Michigan (+2,751), Pennsylvania (+2,119), Illinois (+1,986), and Washington (+1,356)
• The largest decreases were in Missouri (- 2,131), New York (-1,065), Florida (-1,041), Ohio (-683), and Texas (-407).]

There is a little bid in the mostly weaker dollar today on the data (the exception is against the NZD). The USDJPY is up about 13 pips from the low just before the releases (Philly Fed was better). The EURUSD is down about 15 pips from its peak before the data.