At 12:30 GMT, the US Department of Labor showed that the unemployment claims were at 332K during the week ending in September 10, worse than forecasts of 325K, and worse than the previous reading of 312K. This data is negative for the US dollar.
US stock indices fell in early trading on Thursday, despite the release of positive retail sales data.
MoreOil prices continued to fall as the US market opened on Thursday, and gave up a 6-week high on profit-taking, while on track for the first loss in 5 days, while the US dollar rose against its peers.
MoreOil prices fell on Thursday, and gave up a 6-week high on profit-taking, while on track for the first loss in 5 days, but oil's losses are being curbed after data showed a large drop in the US crude inventories.
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