US initial jobless claims data report 28 May 2015
- Prior 274k. Revised to 275k
- Continued claims 2.222m vs 2.208m exp. Prior 2.211m
- Four week average 271.50k vs 266.25k prior. Revised to 266.50k
A little wobble for claims last week but it shouldn't be anything to worry about unless we see a sustained period of claims rising
USDJPY reacts to the worse than expected number by falling off the horse to 123.98 from 124.10, but it's already back in the saddle at 124.23
