Jobless claims fell further this week, to 502,000 while continuing claims fell as well.
They should begin to rise again as those who exhausted benefits will become eligible again.
Just prior to the data traders noted good demand for EUR/JPY from Asian central banks, so that, plus the data is helping lift the risk trade.
USD/JPY offers are seen solid up to about the 90.40/60 area but stops reside around 90.60. It trades now at 90.17. EUR/USD is at 1.4930.
