Jobless claims dipped to 637,000 in the latestt week, a tad better than expected.
In the interbank market the market is more focused on the fact that the EBS dealing system is not functioning. EBS is the primarly pricing mechanism used by most algorithims so pricing may widen out while the market waits for its central portal to come back on line. Trichey is just hitting the wires. EUR/USD trades at 1.2560.