Dollar up, Stocks still in demand so far

The Dollar ticked slightly higher following the claims data, which saw initial claims higher than forecasts and continuing claims once again down quite sharply. The Philly Fed index fell less than anticipated. EURUSD dipped from 1.1835 to 1.1829, while USDJPY inched up to 104.05 from 103.98. Equity futures are down, but off their worst levels, while yields remain lower.

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Stuart Cowell

Head Market Analyst

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