• Weekly US jobless claims fall 28,000 to 452,000, lowest since September 2008
  • US durable goods orders rise 0.2%; non-defense capital goods ex-aircraft +2.9%
  • US debt limited raised $290 bln, another hike scheduled in 2 months
  • US yields extend rise, 10-year yield brushes 3.80%
  • Oil and gold rally further; Oil up $0.57 to 77.25. Gold closes at $1105
  • S&P 500 clears Fibo resistance, closes at 2009 high of 1125

EUR/USD eased back below the 1.4400 level following upbeat US data and firmer US rates. Flows were holiday-light but the dollar managed to recoup some of the ground lost in the prior 24-hours. EUR/USD dipped into the high 1.4350s before steadying. The 200-day moving average at 1.4200 will be an early focus next week.

USD/JPY saw some US investor demand, rising to 91.75 intraday before closing at 91.63.

Cable was the weak link all day, range trading on the 1.59-handle, ending at 1.5945.