• Prior 264k. Revised to 266k
  • Continued claims 2.351m vs 2.380m exp. Prior 2.389m
  • 4 week average 281k vs 283.5k. Revised to 284k

You just can’t find bad news in this weekly report.

USD/JPY is taking off again to resistance at 107.70/75 and we’ve got a very positive dollar environment with decent stock earnings being reflected in bond yields rising and stock futures pointing to a good cash opening.

US initial jobless claims 23 10 2014

US initial jobless claims 23 10 2014