4 week average 264.0 vs 265.25

The US initial jobless claims came in at 261K vs 265K expectations. The 4-week moving average fell slightly to 264K versus 265.25K the prior week.

Continuing claims came in at 2.145 million versus 2.153 million expectations. This was down slightly from the prior week at 2.175M

So overall slightly stronger. Not enough to tell us anything we don't know already about employment picture. Meanwhile the durable goods number was better than expectations and that is doing most of the pushing in the dollar. The USDJPY is back up testing the day highs.