European Session: USD Drops vs. Yen as Initial Jobless Claims unexpectedly rises





G10 Advancers and Decliners vs USD
CHF 0.53
JPY 0.44
EUR 0.39
GBP -0.15
The US Dollar continued its fall backed by rising equity markets as Chinese equities started its rebound after the 4% decline on Wednesday. AIG said that it plans to repay the money borrowed from the US government which also helped push the equity markets higher. Leading indicators posted a reading of a rise of 0.6% backed by improvements in job sector and positive equity markets while the…

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