* US Weekly Jobless Claims rise 640k

* US Existing home sales fall to 4.57 mln in March

* Bank of Canada fails to deliver on expected Quantative Easing.

Despite poor data US shares enjoyed a positive session, which helped Eur/Usd reach its highs for the week at 1.3150. Earlier we tested the downside after the Jobless claims data showed that the labour market improvement we’d seen recently couldn’t be sustained.